Facebook Inc. Cl A stock outperforms market despite losses on the day

© Terrence Horan

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Shares of Facebook Inc. Cl A FB slipped 1.93% to $277.92 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.94% to 12,338.95 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. This was the stock’s second consecutive day of losses. Facebook Inc. Cl A closed $26.75 below its 52-week high ($304.67), which the company reached on August 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT fell 1.95% to $211.80, Alphabet Inc. Cl A GOOGL fell 1.85% to $1,777.86, and Twitter Inc. TWTR fell 0.42% to $47.23. Trading volume (24.9 M) eclipsed its 50-day average volume of 18.3 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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