Shares of Facebook Inc. Cl A inched 0.67% higher to $332.46 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.78% to 14,020.33 and the Dow Jones Industrial Average rising 0.06% to 34,466.24. The stock’s rise snapped a two-day losing streak. Facebook Inc. Cl A closed $5.84 short of its 52-week high ($338.30), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. rose 1.44% to $257.24, Alphabet Inc. Cl A rose 1.13% to $2,435.13, and Twitter Inc. rose 0.99% to $60.30. Trading volume (13.2 M) remained 4.7 million below its 50-day average volume of 17.8 M.