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Meta Platforms Inc. stock rises Wednesday, outperforms market

MarketWatch logo MarketWatch 11/24/2021 MarketWatch Automation
text © Terrence Horan
COMPANY CLOSE UPDATES

Video: Meta Platforms shares rise as Facebook rebrands to focus on metaverse (Reuters)

Shares of Meta Platforms Inc. advanced 1.13% to $341.06 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.44% to 15,845.23 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. The stock's rise snapped a two-day losing streak. Meta Platforms Inc. closed $43.27 short of its 52-week high ($384.33), which the company reached on September 1st.

The stock outperformed some of its competitors Wednesday, as Microsoft Corp. rose 0.07% to $337.91, Alphabet Inc. Cl A rose 0.23% to $2,922.40, and Twitter Inc. rose 0.81% to $47.52. Trading volume (13.4 M) remained 10.6 million below its 50-day average volume of 24.0 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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