Alphabet Inc. Cl A Stock Falls Tuesday, Underperforms Market
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Shares of Alphabet Inc. Cl A (GOOGL) shed 2.09% to $97.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. The stock's fall snapped a three-day winning streak. Alphabet Inc. Cl A closed $53.85 short of its 52-week high ($151.55), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.22% to $242.04, Amazon.com Inc. (AMZN) fell 1.23% to $96.32, and Meta Platforms Inc. (META) fell 0.09% to $143.14. Trading volume (32.6 M) eclipsed its 50-day average volume of 30.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 16:32 ET (21:32 GMT)
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