Shares of Facebook Inc. Cl A rose 1.23% to $328.53 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.73% to 14,823.43 and the Dow Jones Industrial Average rising 1.56% to 34,912.56. This was the stock’s second consecutive day of gains. Facebook Inc. Cl A closed $55.80 below its 52-week high ($384.33), which the company achieved on September 1st.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. rose 2.17% to $302.75, Alphabet Inc. Cl A rose 2.59% to $2,823.02, and Twitter Inc. rose 1.56% to $63.17. Trading volume (14.2 M) remained 799,574 below its 50-day average volume of 15.0 M.