Shares of Meta Platforms Inc.
META,
slid 3.55% to $278.47 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 1.16% to 13,335.78 and Dow Jones Industrial Average
DJIA,
falling 0.04% to 33,714.71.
The stock’s fall snapped a two-day winning streak.
Meta Platforms Inc. closed $11.20 short of its 52-week high ($289.67), which the company achieved on June 23rd.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc.
AAPL,
fell 0.76% to $185.27, Microsoft Corp.
MSFT,
fell 1.92% to $328.60, and Alphabet Inc. Cl C
GOOG,
fell 3.19% to $119.09.
Trading volume (24.1 M) eclipsed its 50-day average volume of 23.5 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.
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