Shares of Facebook Inc. Cl A shed 1.03% to $330.25 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.09% to 13,911.75 and Dow Jones Industrial Average falling 0.44% to 34,447.14. This was the stock’s second consecutive day of losses. Facebook Inc. Cl A closed $8.05 below its 52-week high ($338.30), which the company achieved on June 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. rose 0.40% to $253.59, Alphabet Inc. Cl A rose 0.40% to $2,407.94, and Twitter Inc. rose 1.53% to $59.71. Trading volume (13.6 M) remained 4.7 million below its 50-day average volume of 18.3 M.