DJ Meta Platforms Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Meta Platforms Inc. $(META)$ slipped 4.35% to $627.93 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 2.61% to 18,069.26 and Dow Jones Industrial Average falling 0.99% to 42,579.08.
Meta Platforms Inc. closed 15.25% short of its 52-week high of $740.91, which the company reached on February 14th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ fell 0.17% to $235.33, Microsoft Corp. $(MSFT)$ fell 1.03% to $396.89, and Alphabet Inc. Cl C $(GOOG)$ fell 0.45% to $174.21.
Trading volume (13.3 M) remained 2.1 million below its 50-day average volume of 15.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2025.
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March 06, 2025 16:31 ET (21:31 GMT)
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