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


Shares of Meta Platforms Inc.

sank 0.17% to $113.93 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the Dow Jones Industrial Average

remaining mostly unchanged at 33,597.92 and the NASDAQ Composite Index

falling 0.51% to 10,958.55. This was the stock’s third consecutive day of losses. Meta Platforms Inc. closed $238.78 short of its 52-week high ($352.71), which the company achieved on December 28th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc.

fell 1.38% to $140.94, Microsoft Corp.

fell 0.31% to $244.37, and Alphabet Inc. Cl C

fell 2.22% to $95.15.true Trading volume (28.6 M) remained 20.8 million below its 50-day average volume of 49.4 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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