Shares of Alphabet Inc. Cl A
GOOGL,
advanced 2.72% to $134.57 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.45% to 4,497.63 and the Dow Jones Industrial Average
DJIA,
rising 0.85% to 34,852.67.
This was the stock’s third consecutive day of gains.
Alphabet Inc. Cl A hit a new 52-week high, surpassing its previous peak of $134.25, which the company reached on August 24th.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp.
MSFT,
rose 1.46% to $328.41, Amazon.com Inc.
AMZN,
rose 1.33% to $134.91, and Meta Platforms Inc.
META,
rose 2.66% to $297.99.
Trading volume (41.1 M) eclipsed its 50-day average volume of 30.3 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
