Facebook Inc. Cl A stock falls Friday, underperforms market

Facebook Inc. Cl A stock falls Friday, underperforms market

Shares of Facebook Inc. Cl A FB, -0.29% shed 0.29% to $319.08 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.88% rising 0.88% to 13,752.24 and the Dow Jones Industrial Average DJIA, +0.66% rising 0.66% to 34,777.76. Facebook Inc. Cl A closed $12.73 short of its 52-week high ($331.81), which the company achieved on April 29th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. MSFT, +1.09% rose 1.09% to $252.46, Alphabet Inc. Cl A GOOGL, +0.62% rose 0.62% to $2,351.93, and Twitter Inc. TWTR, -0.04% fell 0.04% to $53.79. Trading volume (15.6 M) remained 4.9 million below its 50-day average volume of 20.5 M.

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