{"id":4535,"date":"2023-10-23T09:05:32","date_gmt":"2023-10-23T09:05:32","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/meta-platforms-shares-dip-amid-tech-giants-downturn\/"},"modified":"2023-10-23T09:05:32","modified_gmt":"2023-10-23T09:05:32","slug":"meta-platforms-shares-dip-amid-tech-giants-downturn","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=4535","title":{"rendered":"Meta Platforms shares dip amid tech giants’ downturn"},"content":{"rendered":"
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\u00a9 Pavlo Gonchar \/ SOPA Images\/Sipa via Reuters Connect <\/span>
\n<\/i>\n<\/div>\n

Shares of Meta Platforms Inc (NASDAQ:). experienced a third consecutive day of losses on Friday, declining by 1.33% to $308.65 amid a universally dismal trading session. The downward trajectory was mirrored by the NASDAQ and Dow Jones indices, which fell by 1.53% and 0.86%, respectively.<\/p>\n

Despite closing $21.89 below its year-high achieved on October 12th, Meta’s performance was relatively stronger than other tech giants such as Apple (NASDAQ:), Microsoft (NASDAQ:), and Alphabet (NASDAQ:), which recorded declines of 1.47%, 1.40%, and 1.61% respectively.<\/p>\n

Interestingly, Meta’s trading volume significantly exceeded its typical 50-day average, reaching a figure of 21.7 million. This indicates heightened activity in the stock despite the overall market downturn.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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