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Shares of Meta Platforms Inc.
META,
sank 0.29% to $281.00 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 0.68% to 13,689.57 and Dow Jones Industrial Average
DJIA,
falling 0.32% to 34,299.12.
The stock’s fall snapped a six-day winning streak.
Meta Platforms Inc. closed $2.99 short of its 52-week high ($283.99), which the company reached on June 15th.
Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc.
AAPL,
fell 0.59% to $184.92, Microsoft Corp.
MSFT,
fell 1.66% to $342.33, and Alphabet Inc. Cl C
GOOG,
fell 1.38% to $124.06.
Trading volume (43.0 M) eclipsed its 50-day average volume of 22.4 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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