Meta Platforms Inc. stock rises Friday, still underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. rallied 2.40% to $301.71 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.66% rising 3.13% to 13,770.57 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.29% rising 1.65% to 34,725.47. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $82.62 below its 52-week high ($384.33), which the company achieved on September 1st.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.77% rose 2.81% to $308.26, Alphabet Inc. Cl A /zigman2/quotes/202490156/lastsale GOOGL +0.80% rose 3.37% to $2,667.02, and Twitter Inc. rose 4.23% to $35.27. Trading volume (21.7 M) eclipsed its 50-day average volume of 19.9 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/210598365/realtime

Add to watchlist COMP

NASDAQ Composite Index

US : Nasdaq

13,326.38

+87.86 +0.66%

Volume: 1.63B

June 9, 2023 11:07a

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Dow Jones Industrial Average

US : Dow Jones Global

33,933.36

+99.75 +0.29%

Volume: 0.00

June 9, 2023 11:07a

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Microsoft Corp.

US : U.S.: Nasdaq

$ 327.77

+2.51 +0.77%

Volume: 7.52M

June 9, 2023 11:07a

P/E Ratio

35.48

Dividend Yield

0.83%

Market Cap

$2418.47 billion

Rev. per Employee

$939,326

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Alphabet Inc. Cl A

US : U.S.: Nasdaq

$ 123.12

+0.97 +0.80%

Volume: 6.84M

June 9, 2023 11:07a

P/E Ratio

27.71

Dividend Yield

N/A

Market Cap

$1554.05 billion

Rev. per Employee

$1.49M