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Dec. 2, 2021, 4:31 p.m. EST

Meta Platforms Inc. stock falls Thursday, underperforms market

MarketWatch Automation

Shares of Meta Platforms Inc. (NAS:FB) shed 0.07% to $310.39 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.83% to 15,381.32 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.82% to 34,639.79. This was the stock's third consecutive day of losses. Meta Platforms Inc. closed $73.94 short of its 52-week high ($384.33), which the company achieved on September 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (NAS:MSFT) fell 0.18% to $329.49, Alphabet Inc. Cl A (NAS:GOOGL) rose 1.36% to $2,859.32, and Twitter Inc. (NYS:TWTR) fell 0.40% to $42.65. Trading volume (24.2 M) eclipsed its 50-day average volume of 23.4 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.

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