Shares of Meta Platforms Inc. shed 0.49% to $191.29 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +3.34% falling 0.26% to 11,388.50 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Meta Platforms Inc. closed $193.04 below 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 +3.41% fell 0.37% to $253.14, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +5.11% fell 1.35% to $2,207.68, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +1.89% rose 1.19% to $37.29. Trading volume (24.3 M) remained 9.0 million below its 50-day average volume of 33.3 M.