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Aug. 17, 2022, 4:30 p.m. EDT

Meta Platforms Inc. stock underperforms Wednesday when compared to competitors

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Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite META +0.59% slid 2.57% to $174.85 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.45% falling 1.25% to 12,938.12 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% falling 0.50% to 33,980.32. This was the stock's second consecutive day of losses. Meta Platforms Inc. closed $209.48 short of its 52-week high ($384.33), which the company achieved on September 1st.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.17% fell 0.26% to $291.32, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.66% fell 1.77% to $119.55, and Twitter Inc. fell 0.92% to $43.99. Trading volume (20.0 M) remained 9.8 million below its 50-day average volume of 29.9 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/205064656/composite
US : U.S.: Nasdaq
$ 300.83
+1.75 +0.59%
Volume: 18.99M
Sept. 25, 2023 4:00p
P/E Ratio
35.07
Dividend Yield
N/A
Market Cap
$769.58 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,271.32
+59.51 +0.45%
Volume: 4.12B
Sept. 25, 2023 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,006.88
+43.04 +0.13%
Volume: 0.00
Sept. 25, 2023 5:22p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 317.54
+0.53 +0.17%
Volume: 17.84M
Sept. 25, 2023 4:00p
P/E Ratio
32.79
Dividend Yield
0.94%
Market Cap
$2355.31 billion
Rev. per Employee
$958,891
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 131.11
+0.86 +0.66%
Volume: 20.09M
Sept. 25, 2023 4:00p
P/E Ratio
27.74
Dividend Yield
N/A
Market Cap
$1648.12 billion
Rev. per Employee
$1.51M
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