Facebook Inc. Cl A stock falls Monday, underperforms market

Facebook Inc. Cl A stock falls Monday, underperforms market

Shares of Facebook Inc. Cl A FB, -4.99% shed 4.99% to $278.77 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +2.94% rising 2.95% to 29,157.97 and the NASDAQ Composite Index COMP, -1.52% falling 1.53% to 11,713.78. This was the stock’s second consecutive day of losses. Facebook Inc. Cl A closed $25.90 short of its 52-week high ($304.67), which the company reached on August 26th.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. MSFT, -2.38% fell 2.38% to $218.39, Alphabet Inc. Cl A GOOGL, +0.09% rose 0.10% to $1,761.42, and Twitter Inc. TWTR, +0.16% rose 0.16% to $43.19. Trading volume (24.3 M) eclipsed its 50-day average volume of 21.8 M.

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