Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite META -1.69% slid 2.57% to $174.85 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -1.80% falling 1.25% to 12,938.12 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.62% falling 0.50% to 33,980.32. This was the stock's second consecutive day of losses. Meta Platforms Inc. closed $209.48 short of 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 -1.27% fell 0.26% to $291.32, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -1.40% fell 1.77% to $119.55, and Twitter Inc. /zigman2/quotes/203180645/composite TWTR +0.43% fell 0.92% to $43.99. Trading volume (20.0 M) remained 9.8 million below its 50-day average volume of 29.9 M.