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Meta Platforms Inc. stock rises Tuesday, outperforms market

Shares of Meta Platforms Inc.
META,
+1.19%
rallied 1.19% to $284.33 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.16%
falling 0.16% to 13,667.29 and Dow Jones Industrial Average
DJIA,
-0.72%
falling 0.72% to 34,053.87.

Meta Platforms Inc. closed $3.52 below its 52-week high ($287.85), which the company achieved on June 16th.

The stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL,
+0.05%
rose 0.05% to $185.01, Microsoft Corp.
MSFT,
-1.25%
fell 1.25% to $338.05, and Alphabet Inc. Cl C
GOOG,
-0.17%
fell 0.17% to $123.85.

Trading volume (20.7 M) remained 2.2 million below its 50-day average volume of 22.9 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.

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