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May 18, 2022, 4:31 p.m. EDT

Meta Platforms Inc. stock underperforms Wednesday when compared to competitors

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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.

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.

/zigman2/quotes/210598365/realtime
US : Nasdaq
11,177.89
-3.65 -0.03%
Volume: 4.97M
June 29, 2022 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,029.31
+82.32 +0.27%
Volume: 273.97M
June 29, 2022 5:16p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 260.26
+3.78 +1.47%
Volume: 20.07M
June 29, 2022 4:00p
P/E Ratio
27.15
Dividend Yield
0.95%
Market Cap
$1918.22 billion
Rev. per Employee
$1.06M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,234.03
-6.12 -0.27%
Volume: 1.24M
June 29, 2022 4:00p
P/E Ratio
20.21
Dividend Yield
N/A
Market Cap
$1478.77 billion
Rev. per Employee
$1.72M
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/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 37.80
-0.99 -2.55%
Volume: 7.18M
June 29, 2022 4:03p
P/E Ratio
165.64
Dividend Yield
N/A
Market Cap
$29.65 billion
Rev. per Employee
$698,993
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