Facebook Inc. Cl A FB,
rose 0.67% to $ 332.46 on Thursday, which turned out to be a great trading session for the stock market: the NASDAQ Composite Index COMP,
an increase of 0.78% to 14,020.33 and the Dow Jones Industrial Average DJIA,
an increase of 0.06% to 34,466.24. The rally in stocks interrupted a two-day losing streak. Facebook Inc. Cl A closed $ 5.84 below its 52-week high ($ 338.30), which the company hit on June 8.
On Thursday, the company’s shares did not perform well against some of its competitors, such as Microsoft Corp.
rose 1.44% to $ 257.24, Alphabet Inc. Cl A GOOGL,
rose 1.13% to $ 2,435.13, and TWTR’s Twitter Inc.
rose 0.99% to $ 60.30. Trading volume ($ 13.2 million) remained 4.7 million below the 50-day average of $ 17.8 million.