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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 +3.34% falling 4.73% to 11,418.15 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% 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 +3.41% fell 4.55% to $254.08, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +5.11% fell 3.93% to $2,237.99, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +1.89% 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
11,607.62
+375.43 +3.34%
Volume: 8.68M
June 24, 2022 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,500.68
+823.32 +2.68%
Volume: 470.38M
June 24, 2022 5:05p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 267.70
+8.84 +3.41%
Volume: 33.92M
June 24, 2022 4:00p
P/E Ratio
27.93
Dividend Yield
0.93%
Market Cap
$2002.14 billion
Rev. per Employee
$928,663
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,359.50
+114.66 +5.11%
Volume: 2.06M
June 24, 2022 4:00p
P/E Ratio
21.34
Dividend Yield
N/A
Market Cap
$1557.36 billion
Rev. per Employee
$1.65M
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/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 39.41
+0.73 +1.89%
Volume: 18.09M
June 24, 2022 4:05p
P/E Ratio
172.70
Dividend Yield
N/A
Market Cap
$30.12 billion
Rev. per Employee
$676,998
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