{"id":75487,"date":"2023-10-22T07:41:31","date_gmt":"2023-10-22T11:41:31","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/meta-platforms-shares-dip-amid-tech-giants-downturn\/"},"modified":"2023-10-22T07:41:34","modified_gmt":"2023-10-22T11:41:34","slug":"meta-platforms-shares-dip-amid-tech-giants-downturn","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=75487","title":{"rendered":"Meta Platforms shares dip amid tech giants’ downturn"},"content":{"rendered":"
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\u00a9 Pavlo Gonchar \/ SOPA Images\/Sipa via Reuters Connect <\/span>
\n<\/i>\n<\/div>\n

Shares of Meta Platforms Inc (NASDAQ:). experienced a third consecutive day of losses on Friday, declining by 1.33% to $308.65 amid a universally dismal trading session. The downward trajectory was mirrored by the NASDAQ and Dow Jones indices, which fell by 1.53% and 0.86%, respectively.<\/p>\n

Despite closing $21.89 below its year-high achieved on October 12th, Meta’s performance was relatively stronger than other tech giants such as Apple (NASDAQ:), Microsoft (NASDAQ:), and Alphabet (NASDAQ:), which recorded declines of 1.47%, 1.40%, and 1.61% respectively.<\/p>\n

Interestingly, Meta’s trading volume significantly exceeded its typical 50-day average, reaching a figure of 21.7 million. This indicates heightened activity in the stock despite the overall market downturn.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Pavlo Gonchar \/ SOPA Images\/Sipa via Reuters Connect Shares of Meta Platforms Inc (NASDAQ:). experienced a third consecutive day of losses on Friday, declining by 1.33% to $308.65 amid a universally dismal trading session. The downward trajectory was mirrored by the NASDAQ and Dow Jones indices, which fell by 1.53% and 0.86%, respectively. 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