Alphabet Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) shed 4.71% to $2,330.11 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 3.56% to 4,146.87 and Dow Jones Industrial Average falling 3.12% to 32,997.97. The stock's fall snapped a three-day winning streak. Alphabet Inc. Cl A closed $700.82 below its 52-week high ($3,030.93), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 5.57% to $156.77, Microsoft Corp. (MSFT) fell 4.36% to $277.35, and Meta Platforms Inc. (FB) fell 6.77% to $208.28. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2022.
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(END) Dow Jones Newswires
May 05, 2022 16:32 ET (20:32 GMT)
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