Alphabet Inc. Cl A Stock Rises Tuesday, Still Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) inched 0.46% higher to $88.90 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's third consecutive day of gains. Alphabet Inc. Cl A closed $62.65 short of its 52-week high ($151.55), which the company achieved on February 2nd.
The stock outperformed some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.42% to $139.50 and Microsoft Corp. (MSFT) rose 0.44% to $228.87. Trading volume (30.3 M) remained 2.1 million below its 50-day average volume of 32.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 16:31 ET (21:31 GMT)
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