Shares of Meta Platforms Inc. slipped 7.62% to $181.28 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.05% rising 0.15% to 31,928.62 and the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.90% falling 2.35% to 11,264.45. The stock's fall snapped a two-day winning streak. Meta Platforms Inc. closed $203.05 below its 52-week high ($384.33), which the company reached on September 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.07% fell 0.40% to $259.62, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -0.21% fell 4.95% to $2,119.40, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +2.25% fell 5.55% to $35.76. Trading volume (50.2 M) eclipsed its 50-day average volume of 33.0 M.