Alphabet Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) sank 0.67% to $2,256.88 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $774.05 below its 52-week high ($3,030.93), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 2.69% to $142.56, Microsoft Corp. (MSFT) fell 2.00% to $255.35, and Meta Platforms Inc. (FB) rose 1.32% to $191.24. Trading volume (2.7 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 16:32 ET (20:32 GMT)
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