Shares of Meta Platforms Inc. META, -0.65% dropped 0.65% to $468.84 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.65% rising 0.65% to 16,794.87 and the Dow Jones Industrial Average DJIA, -0.49% falling 0.49% to 39,806.77.
This was the stock’s third consecutive day of losses.
Meta Platforms Inc. closed $62.65 below its 52-week high ($531.49), which the company achieved on April 8th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. AAPL, +0.62% rose 0.62% to $191.04, Microsoft Corp. MSFT, +1.22% rose 1.22% to $425.34, and Alphabet Inc. Cl C GOOG, +0.66% rose 0.66% to $178.46.
Trading volume (11.3 M) remained 5.1 million below its 50-day average volume of 16.4 M.