Shares of Meta Platforms Inc. rallied 1.29% to $202.62 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +3.34% rising 2.76% to 11,984.52 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.34% to 32,654.59. This was the stock's fourth consecutive day of gains. Meta Platforms Inc. closed $181.71 short of its 52-week high ($384.33), which the company reached on September 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +3.41% rose 2.03% to $266.82, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +5.11% rose 1.77% to $2,329.46, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +1.89% rose 2.49% to $38.32. Trading volume (24.7 M) remained 9.1 million below its 50-day average volume of 33.8 M.