Shares of Meta Platforms Inc. FB, -1.12% slipped 1.12% to $330.45 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.18% rising 1.18% to 15,521.89 and the Dow Jones Industrial Average DJIA, +0.74% rising 0.74% to 35,753.89. Meta Platforms Inc. closed $53.88 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 Wednesday, as Microsoft Corp. MSFT, +1.81% rose 1.81% to $333.20, Alphabet Inc. Cl A GOOGL, +2.05% rose 2.05% to $2,928.30, and Twitter Inc. TWTR, -1.04% fell 1.04% to $43.90. Trading volume (16.5 M) remained 6.7 million below its 50-day average volume of 23.2 M.