Alphabet Inc. Cl A Stock Falls Friday, Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) slipped 0.95% to $97.43 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $54.12 short of its 52-week high ($151.55), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 0.38% to $151.29 and Microsoft Corp. (MSFT) fell 0.19% to $241.22. Trading volume (27.7 M) remained 6.2 million below its 50-day average volume of 33.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:31 ET (21:31 GMT)
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