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Shares of Alphabet Inc. Cl A (GOOGL) rallied 6.09% to $100.99 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 3.09% to 4,080.11 and the Dow Jones Industrial Average rising 2.18% to 34,589.77. The stock's rise snapped a three-day losing streak. Alphabet Inc. Cl A closed $50.56 short of its 52-week high ($151.55), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 6.16% to $255.14, Amazon.com Inc. (AMZN) rose 4.46% to $96.54, and Meta Platforms Inc. (META) rose 7.89% to $118.10. Trading volume (41.3 M) eclipsed its 50-day average volume of 32.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2022.
(END) Dow Jones Newswires
November 30, 2022 16:32 ET (21:32 GMT)
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