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May 17, 2022, 4:31 p.m. EDT

Meta Platforms Inc. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. rallied 1.29% to $202.62 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 2.76% to 11,984.52 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.34% to 32,654.59. This was the stock's fourth consecutive day of gains. Meta Platforms Inc. closed $181.71 short of 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. (NAS:MSFT) rose 2.03% to $266.82, Alphabet Inc. Cl A (NAS:GOOGL) rose 1.77% to $2,329.46, and Twitter Inc. (NYS:TWTR) rose 2.49% to $38.32. Trading volume (24.7 M) remained 9.1 million below its 50-day average volume of 33.8 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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