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Dec. 1, 2021, 4:31 p.m. EST

Meta Platforms Inc. stock falls Wednesday, underperforms market

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Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite FB +1.83% slipped 4.27% to $310.60 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 +0.63% falling 1.83% to 15,254.05 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.29% falling 1.34% to 34,022.04. This was the stock's second consecutive day of losses. Meta Platforms Inc. closed $73.73 below 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 +0.11% fell 0.15% to $330.08, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.35% fell 0.60% to $2,821.03, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +0.69% fell 2.55% to $42.82. Trading volume (30.1 M) eclipsed its 50-day average volume of 23.9 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
$ 308.71
+5.54 +1.83%
Volume: 38.94M
Jan. 24, 2022 4:00p
P/E Ratio
22.04
Dividend Yield
N/A
Market Cap
$843.35 billion
Rev. per Employee
$1.92M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,855.13
+86.21 +0.63%
Volume: 5.82M
Jan. 24, 2022 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,364.50
+99.13 +0.29%
Volume: 678.12M
Jan. 24, 2022 5:04p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 296.37
+0.34 +0.11%
Volume: 86.04M
Jan. 24, 2022 4:00p
P/E Ratio
33.13
Dividend Yield
0.84%
Market Cap
$2222.59 billion
Rev. per Employee
$973,762
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,616.08
+9.05 +0.35%
Volume: 3.83M
Jan. 24, 2022 4:00p
P/E Ratio
25.20
Dividend Yield
N/A
Market Cap
$1728.80 billion
Rev. per Employee
$1.77M
loading...
/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 35.06
+0.24 +0.69%
Volume: 31.93M
Jan. 24, 2022 4:02p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$27.84 billion
Rev. per Employee
$872,601
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