Shares of Meta Platforms Inc. FB, -1.66% shed 1.66% to $195.21 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.95% falling 0.95% to 13,129.96 and Dow Jones Industrial Average DJIA, -0.34% falling 0.34% to 33,174.07. The stock’s fall snapped a two-day winning streak. Meta Platforms Inc. closed $189.12 short of its 52-week high ($384.33), which the company achieved on September 1st.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, -1.01% fell 1.01% to $285.59, Alphabet Inc. Cl A GOOGL, -0.74% fell 0.74% to $2,648.59, and Twitter Inc. TWTR, -0.73% fell 0.73% to $34.12. Trading volume (24.6 M) remained 12.1 million below its 50-day average volume of 36.6 M.