Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite META -0.54% dropped 0.79% to $179.47 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.71% rising 0.71% to 34,152.01 and the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -1.51% falling 0.19% to 13,102.55. The stock's fall snapped a two-day winning streak. Meta Platforms Inc. closed $204.86 below its 52-week high ($384.33), which the company achieved on September 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -1.94% fell 0.26% to $292.71, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -1.82% fell 0.31% to $121.70, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +2.57% fell 0.22% to $44.40. Trading volume (21.0 M) remained 8.8 million below its 50-day average volume of 29.8 M.