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Meta Platforms Inc. stock outperforms market despite losses on the day

Shares of Meta Platforms Inc.
META,
-0.95%
slid 0.95% to $281.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.21%
falling 1.21% to 13,502.20 and Dow Jones Industrial Average
DJIA,
-0.30%
falling 0.30% to 33,951.52.

Meta Platforms Inc. closed $6.21 below its 52-week high ($287.85), which the company achieved on June 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
-0.57%
fell 0.57% to $183.96, Microsoft Corp.
MSFT,
-1.33%
fell 1.33% to $333.56, and Alphabet Inc. Cl C
GOOG,
-2.09%
fell 2.09% to $121.26.

Trading volume (20.3 M) remained 2.5 million below its 50-day average volume of 22.8 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.

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