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Oct. 5, 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 +2.53% slid 0.93% to $138.98 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 -0.18% falling 0.25% to 11,148.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% falling 0.14% to 30,273.87. The stock's fall snapped a two-day winning streak. Meta Platforms Inc. closed $214.85 short of its 52-week high ($353.83), which the company reached on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.13% rose 0.13% to $249.20, Alphabet Inc. Cl A /zigman2/quotes/202490156/lastsale GOOGL -0.54% fell 0.21% to $101.43, and Twitter Inc. fell 1.35% to $51.30. Trading volume (27.8 M) remained 944,849 below its 50-day average volume of 28.7 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
$ 123.49
+3.05 +2.53%
Volume: 39.95M
Dec. 2, 2022 4:00p
P/E Ratio
11.76
Dividend Yield
N/A
Market Cap
$327.46 billion
Rev. per Employee
$1.64M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
11,461.50
-20.95 -0.18%
Volume: 4.59B
Dec. 2, 2022 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,429.88
+34.87 +0.10%
Volume: 0.00
Dec. 2, 2022 5:10p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 255.02
+0.33 +0.13%
Volume: 21.53M
Dec. 2, 2022 4:00p
P/E Ratio
27.48
Dividend Yield
1.07%
Market Cap
$1901.04 billion
Rev. per Employee
$918,891
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/zigman2/quotes/202490156/lastsale
US : U.S.: Nasdaq
$ 100.44
-0.55 -0.54%
Volume: 21.48M
Dec. 2, 2022 4:00p
P/E Ratio
20.21
Dividend Yield
N/A
Market Cap
$1302.37 billion
Rev. per Employee
$1.79M
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