DJ Meta Platforms Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Meta Platforms Inc. $(META)$ slipped 3.68% to $502.31 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.07% to 16,307.16 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
This was the stock's fifth consecutive day of losses.
Meta Platforms Inc. closed 32.20% below its 52-week high of $740.91, which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 3.89% to $194.27, Microsoft Corp. $(MSFT)$ fell 3.66% to $371.61, and Alphabet Inc. Cl C $(GOOG)$ fell 2.00% to $155.50.
Trading volume (18.5 M) eclipsed its 50-day average volume of 18.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:31 ET (20:31 GMT)
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