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Aug. 15, 2022, 4:30 p.m. EDT

Meta Platforms Inc. stock rises Monday, still underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. (NAS:META) inched 0.22% higher to $180.89 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.62% to 13,128.05 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.45% to 33,912.44. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $203.44 below its 52-week high ($384.33), which the company reached on September 1st.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. (NAS:MSFT) rose 0.53% to $293.47, Alphabet Inc. Cl A (NAS:GOOGL) rose 0.33% to $122.08, and Twitter Inc. rose 0.54% to $44.50. Trading volume (15.8 M) remained 14.3 million below its 50-day average volume of 30.1 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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