Shares of Meta Platforms Inc.
META,
slumped 0.25% to $186.06 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 1.00% to 11,887.45 and Dow Jones Industrial Average
DJIA,
falling 0.10% to 33,891.02. This was the stock’s second consecutive day of losses. Meta Platforms Inc. closed $52.24 short of its 52-week high ($238.30), which the company reached on February 7th.
Despite its losses, the stock outperformed some of its competitors Monday, as Apple Inc.
AAPL,
fell 1.79% to $151.73, Microsoft Corp.
MSFT,
fell 0.61% to $256.77, and Alphabet Inc. Cl C
GOOG,
fell 1.66% to $103.47.true Trading volume (42.1 M) eclipsed its 50-day average volume of 32.8 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Credit: marketwatch.com