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.