Shares of Meta Platforms Inc. META, -0.50% slipped 0.50% to $290.53 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.13% falling 0.13% to 13,660.72 and Dow Jones Industrial Average DJIA, -0.55% falling 0.55% to 33,734.88.
This was the stock’s second consecutive day of losses.
Meta Platforms Inc. closed $7.59 short of its 52-week high ($298.12), which the company achieved on July 6th.
Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc. AAPL, -0.59% fell 0.59% to $190.68, Microsoft Corp. MSFT, -1.19% fell 1.19% to $337.22, and Alphabet Inc. Cl C GOOG, -0.65% fell 0.65% to $120.14.
Trading volume (25.5 M) eclipsed its 50-day average volume of 24.6 M.