Alphabet Inc. Cl A Stock Outperforms Competitors Despite Losses On The Day
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Shares of Alphabet Inc. Cl A (GOOGL) slid 1.45% to $96.05 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $55.50 short of its 52-week high ($151.55), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) fell 2.32% to $241.76, Amazon.com Inc. (AMZN) rose 0.58% to $93.95, and Meta Platforms Inc. (META) fell 2.36% to $108.78. Trading volume (26.1 M) remained 6.9 million below its 50-day average volume of 33.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:32 ET (21:32 GMT)
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