Meta Platforms Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones05:30

DJ Meta Platforms Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Meta Platforms Inc. $(META)$ inched 0.79% higher to $565.52 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.32% to 43,408.47 and the NASDAQ Composite Index falling 0.11% to 18,966.14.

This was the stock's third consecutive day of gains.

Meta Platforms Inc. closed $37.43 below its 52-week high ($602.95), which the company achieved on October 7th.

The stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.32% to $229.00, Microsoft Corp. $(MSFT)$ fell 0.55% to $415.49, and Alphabet Inc. Cl C $(GOOG)$ fell 1.25% to $177.33.

Trading volume (9.6 M) remained 2.8 million below its 50-day average volume of 12.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.

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November 20, 2024 16:30 ET (21:30 GMT)

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