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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:AAPL), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL), which recorded declines of 1.47%, 1.40%, and 1.61% respectively.
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.
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