Shares of Meta Platforms Inc. slid 5.12% to $192.24 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -0.03% falling 4.73% to 11,418.15 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.27% falling 3.57% to 31,490.07. The stock's fall snapped a four-day winning streak. Meta Platforms Inc. closed $192.09 below its 52-week high ($384.33), which the company reached on September 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.47% fell 4.55% to $254.08, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -0.27% fell 3.93% to $2,237.99, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR -2.55% fell 3.84% to $36.85. Trading volume (23.8 M) remained 9.8 million below its 50-day average volume of 33.5 M.