Alphabet Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) slipped 1.35% to $2,207.68 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $823.25 short of 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 2.46% to $137.35, Microsoft Corp. (MSFT) fell 0.37% to $253.14, and Meta Platforms Inc. (FB) fell 0.49% to $191.29. Trading volume (1.7 M) remained 97,319 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 16:31 ET (20:31 GMT)
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