Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite FB +0.83% shed 0.07% to $310.39 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +2.47% rising 0.83% to 15,381.32 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.07% rising 1.82% to 34,639.79. This was the stock's third consecutive day of losses. Meta Platforms Inc. closed $73.94 short of its 52-week high ($384.33), which the company achieved on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +4.73% fell 0.18% to $329.49, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +3.87% rose 1.36% to $2,859.32, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +2.25% fell 0.40% to $42.65. Trading volume (24.2 M) eclipsed its 50-day average volume of 23.4 M.