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May 27, 2022, 4:31 p.m. EDT

Meta Platforms Inc. stock rises Friday, still underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. rose 1.83% to $195.13 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 3.33% to 12,131.13 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. Meta Platforms Inc. closed $189.20 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 Friday, as Microsoft Corp. (NAS:MSFT) rose 2.76% to $273.24, Alphabet Inc. Cl A (NAS:GOOGL) rose 4.20% to $2,246.33, and Twitter Inc. (NYS:TWTR) rose 1.64% to $40.17. Trading volume (22.4 M) remained 10.6 million below its 50-day average volume of 33.0 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.

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