Shares of Facebook Inc. Cl A fall on Wednesday, underperforming the market

Shares of Facebook Inc. Cl A fall on Wednesday, underperforming the market

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Shares of Facebook Inc. Cl A FB,
-2.83%
fell 2.83% to $ 263.31 on Wednesday, in what turned out to be a totally mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 1.44%
increasing 1.44% to 30,829.40 and the NASDAQ Composite Index COMP,
-0.61%
falling 0.61% to 12,740.79. Facebook Inc. Cl A closed $ 41.36 below its 52-week high ($ 304.67), which the company hit on August 26.

The stock underperformed some of its competitors on Wednesday, such as Microsoft Corp.
-2.59%
fell 2.59% to $ 212.25, Alphabet Inc. Cl A GOOGL,
-0.99%
fell 0.99% to $ 1,722.88, and Twitter Inc. TWTR,
-1.15%
fell 1.15% to $ 53.26. Turnover (24.2 M) exceeded its average 50-day volume of 17.7 M.

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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