Shares of Facebook Inc. Cl A inched 0.01% higher to $329.15 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.14% to 13,756.33 and the Dow Jones Industrial Average rising 0.07% to 34,600.38. This was the stock’s second consecutive day of gains. Facebook Inc. Cl A closed $4.63 short of its 52-week high ($333.78), which the company reached on May 27th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. fell 0.04% to $247.30, Alphabet Inc. Cl A fell 0.44% to $2,370.59, and Twitter Inc. fell 0.49% to $57.16. Trading volume (11.6 M) remained 7.0 million below its 50-day average volume of 18.6 M.