Alphabet Inc. Cl A Stock Rises Monday, Outperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) rose 1.81% to $99.79 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's third consecutive day of gains. Alphabet Inc. Cl A closed $51.76 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 Monday, as Microsoft Corp. (MSFT) rose 0.98% to $242.58, Amazon.com Inc. (AMZN) rose 0.28% to $97.52, and Meta Platforms Inc. (META) rose 2.80% to $143.27. Trading volume (39.7 M) eclipsed its 50-day average volume of 30.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:32 ET (21:32 GMT)
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