Shares of Meta Platforms Inc.
META,
slumped 0.90% to $291.61 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 0.19% to 14,058.87 and the Dow Jones Industrial Average
DJIA,
rising 0.52% to 35,411.24.
This was the stock’s third consecutive day of losses.
Meta Platforms Inc. closed $27.07 short of its 52-week high ($318.68), which the company achieved on July 19th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc.
AAPL,
rose 0.42% to $192.75, Microsoft Corp.
MSFT,
rose 0.39% to $345.11, and Alphabet Inc. Cl C
GOOG,
rose 1.30% to $121.88.
Trading volume (24.3 M) eclipsed its 50-day average volume of 24.1 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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