Shares of Facebook Inc. Cl A FB,
plunged 2.83% to $ 263.31 on Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
an increase of 1.44% to 30,829.40 and the NASDAQ Composite Index COMP,
decreased by 0.61% to 12,740.79. Facebook Inc. Cl A closed at $ 41.36 below its 52-week high ($ 304.67), which the company reached on August 26.
The stock underperformed compared to some of its competitors on Wednesday, such as Microsoft Corp. MSFT,
declined 2.59% to $ 212.25, Alphabet Inc. Cl A GOOGL,
dropped 0.99% to $ 1,722.88, and Twitter Inc. TWTR,
decreased 1.15% to $ 53.26. The trade volume (24.2 million) eclipsed the 50-day average volume of 17.7 million.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.