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Oct. 5, 2022, 4:30 p.m. EDT

Meta Platforms Inc. stock underperforms Wednesday when compared to competitors

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Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite META -0.58% slid 0.93% to $138.98 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 -0.86% falling 0.25% to 11,148.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.45% falling 0.14% to 30,273.87. The stock's fall snapped a two-day winning streak. Meta Platforms Inc. closed $214.85 short of its 52-week high ($353.83), which the company reached on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.20% rose 0.13% to $249.20, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -2.12% fell 0.21% to $101.43, and Twitter Inc. fell 1.35% to $51.30. Trading volume (27.8 M) remained 944,849 below its 50-day average volume of 28.7 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
$ 297.94
-1.74 -0.58%
Volume: 346,541
Sept. 21, 2023 9:31a
P/E Ratio
34.93
Dividend Yield
N/A
Market Cap
$784.99 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,353.27
-115.86 -0.86%
Volume: 307.20M
Sept. 21, 2023 9:31a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,284.68
-156.20 -0.45%
Volume: 0.00
Sept. 21, 2023 9:31a
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 320.14
-0.63 -0.20%
Volume: 511,675
Sept. 21, 2023 9:31a
P/E Ratio
33.12
Dividend Yield
0.85%
Market Cap
$2441.79 billion
Rev. per Employee
$958,891
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 130.91
-2.83 -2.12%
Volume: 989,553
Sept. 21, 2023 9:31a
P/E Ratio
28.29
Dividend Yield
N/A
Market Cap
$1691.26 billion
Rev. per Employee
$1.51M
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