Meta Platforms Inc. stock rises Tuesday, outperforms market

© Terrence Horan

COMPANY CLOSE UPDATES

Shares of Meta Platforms Inc. rallied 2.19% to $95.20 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.89% to 10,890.85 and Dow Jones Industrial Average falling 0.24% to 32,653.20. Meta Platforms Inc. closed $258.63 short of its 52-week high ($353.83), which the company reached on November 22nd.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. fell 1.71% to $228.17 and Alphabet Inc. Cl A fell 4.27% to $90.47. Trading volume (109.5 M) eclipsed its 50-day average volume of 38.6 M.

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