Connect with us

Hi, what are you looking for?

Markets

Alphabet Inc. Cl A stock outperforms competitors despite losses on the day

Shares of Alphabet Inc. Cl A
GOOGL,
-0.35%
slid 0.35% to $123.10 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.47%
falling 0.47% to 4,388.71 and Dow Jones Industrial Average
DJIA,
-0.72%
falling 0.72% to 34,053.87.

This was the stock’s second consecutive day of losses.

Alphabet Inc. Cl A closed $5.94 short of its 52-week high ($129.04), which the company reached on June 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp.
MSFT,
-1.25%
fell 1.25% to $338.05, Amazon.com Inc.
AMZN,
+0.23%
rose 0.23% to $125.78, and Meta Platforms Inc.
META,
+1.19%
rose 1.19% to $284.33.

Trading volume (26.1 M) remained 8.6 million below its 50-day average volume of 34.6 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

This article was written by Follow The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This...

Videos

Watch full video on YouTube