Alphabet Inc. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of Alphabet Inc. Cl A (GOOGL) slipped 2.54% to $95.22 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the S&P 500 Index falling 0.02% to 4,016.22. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $56.33 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 Wednesday, as Microsoft Corp. (MSFT) fell 0.59% to $240.61, Amazon.com Inc. (AMZN) rose 0.89% to $97.18, and Meta Platforms Inc. (META) fell 1.15% to $141.50. Trading volume (42.2 M) eclipsed its 50-day average volume of 30.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 16:32 ET (21:32 GMT)
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