Shares of Meta Platforms Inc. META, -0.56% slipped 0.56% to $171.12 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.13% rising 0.13% to 11,507.07 and the Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 33,045.09. This was the stock’s second consecutive day of losses. Meta Platforms Inc. closed $65.74 below its 52-week high ($236.86), which the company achieved on April 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, +0.29% rose 0.29% to $148.91, Microsoft Corp. MSFT, -0.46% fell 0.46% to $251.51, and Alphabet Inc. Cl C GOOG, -0.27% fell 0.27% to $91.80. Trading volume (20.6 M) remained 12.7 million below its 50-day average volume of 33.2 M.