Facebook Inc. Cl A stock falls Friday, underperforms market

Facebook Inc. Cl A stock falls Friday, underperforms market

Shares of Facebook Inc. Cl A FB, -2.50% slid 2.51% to $259.94 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -2.22% falling 2.22% to 11,075.02 and Dow Jones Industrial Average DJIA, -0.48% falling 0.48% to 27,682.81. The stock’s fall snapped a six-day winning streak. Facebook Inc. Cl A closed $44.73 below its 52-week high ($304.67), which the company achieved on August 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. MSFT, -2.95% fell 2.95% to $206.19, Alphabet Inc. Cl A GOOGL, -2.17% fell 2.17% to $1,455.60, and Twitter Inc. TWTR, -1.24% fell 1.24% to $46.12. Trading volume (16.0 M) remained 8.9 million below its 50-day average volume of 25.0 M.

Share:
error: Content is protected !!