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Meta Platforms Inc. stock outperforms market despite losses on the day

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Shares of Meta Platforms Inc. shed 1.31% to $295.73 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ...

Shares of Meta Platforms Inc. META, -1.31% shed 1.31% to $295.73 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -1.82% falling 1.82% to 13,223.98 and Dow Jones Industrial Average DJIA, -1.08% falling 1.08% to 34,070.42.Meta Platforms Inc. closed $30.47 short of its 52-week high , which the company achieved on July 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. AAPL, -0.89% fell 0.89% to $173.93, Microsoft Corp. MSFT, -0.39% fell 0.39% to $319.53, and Alphabet Inc. Cl C GOOG, -2.40% fell 2.40% to $131.36. 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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