- Shares of Meta Platforms Inc. fell 2.17% on Wednesday
- NASDAQ Composite Index and Dow Jones Industrial Average also experienced losses
- Meta Platforms Inc. closed $13.57 short of its 52-week high
- The stock underperformed compared to competitors Apple, Microsoft, and Alphabet
- Trading volume remained below its 50-day average volume
Factuality Level: 8
Justification:
Noise Level: 2
Justification:
Financial Relevance: Yes
Financial Markets Impacted: Shares of Meta Platforms Inc. and its competitors Apple Inc., Microsoft Corp., and Alphabet Inc.
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides information about the stock market performance of Meta Platforms Inc. and its competitors, but there is no mention of any extreme event or significant impact on financial markets or companies.
Public Companies: Meta Platforms Inc. (META), Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. Cl C (GOOG)
Private Companies:
Key People:
Shares of Meta Platforms Inc. slid 2.17% on Wednesday, along with the overall decline in the stock market. The stock closed $13.57 below its 52-week high and underperformed compared to competitors such as Apple, Microsoft, and Alphabet. Trading volume also remained below its 50-day average volume.
