Meta Platforms Inc. Stock Slides 4.4%, Underperforms Peers
Dow Jones2026/08/18 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Meta Platforms Inc. shed 4.4% to $543.67 on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.3% to 26,289.71 and Dow Jones Industrial Average falling 0.2% to 53,343.40.
This was the stock's third consecutive day of losses.
Meta Platforms Inc. closed 31.3% below its 52-week high of $790.80, which the company achieved on September 19th.
The stock underperformed when compared to some of its peers, as Apple Inc. rose 1.5% to $310.03, Microsoft Corp. rose 0.3% to $481.63, and Alphabet Inc. Cl C remained unchanged.
Trading volume totaled 26.5 million, compared to the 50-day average of 18.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 18, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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