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Dec. 7, 2021, 9:16 p.m. EST

Meta Platforms Inc. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. (NAS:FB) advanced 1.55% to $322.81 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 3.03% to 15,686.92 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.40% to 35,719.43. This was the stock's second consecutive day of gains. Meta Platforms Inc. closed $61.52 below its 52-week high ($384.33), which the company reached on September 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (NAS:MSFT) rose 2.68% to $334.92, Alphabet Inc. Cl A (NAS:GOOGL) rose 2.87% to $2,945.39, and Twitter Inc. (NYS:TWTR) fell 0.02% to $44.46. Trading volume (18.8 M) remained 5.3 million below its 50-day average volume of 24.1 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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