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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 +1.24% 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 -0.11% falling 0.25% to 11,148.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.90% 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 -0.83% rose 0.13% to $249.20, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.05% 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
$ 119.57
+1.47 +1.24%
Volume: 17.51M
Dec. 1, 2022 11:55a
P/E Ratio
11.40
Dividend Yield
N/A
Market Cap
$313.16 billion
Rev. per Employee
$1.64M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
11,455.87
-12.12 -0.11%
Volume: 2.90B
Dec. 1, 2022 11:55a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,276.77
-313.00 -0.90%
Volume: 0.00
Dec. 1, 2022 11:55a
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 253.02
-2.12 -0.83%
Volume: 10.57M
Dec. 1, 2022 11:55a
P/E Ratio
27.25
Dividend Yield
1.08%
Market Cap
$1901.93 billion
Rev. per Employee
$918,891
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 101.04
+0.05 +0.05%
Volume: 10.27M
Dec. 1, 2022 11:55a
P/E Ratio
20.36
Dividend Yield
N/A
Market Cap
$1309.91 billion
Rev. per Employee
$1.79M
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