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Meta Platforms Inc. stock underperforms Thursday when compared to competitors

Shares of Meta Platforms Inc.
META,
-1.32%
shed 1.32% to $281.53 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.00%
remaining mostly unchanged at 13,591.33 and the Dow Jones Industrial Average
DJIA,
+0.80%
rising 0.80% to 34,122.42.

This was the stock’s second consecutive day of losses.

Meta Platforms Inc. closed $8.26 below its 52-week high ($289.79), which the company reached on June 26th.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
+0.18%
rose 0.18% to $189.59, Microsoft Corp.
MSFT,
-0.24%
fell 0.24% to $335.05, and Alphabet Inc. Cl C
GOOG,
-0.88%
fell 0.88% to $120.01.

Trading volume (15.4 M) remained 8.3 million below its 50-day average volume of 23.7 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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