Shares of Alphabet Inc. Cl A
GOOGL,
slumped 0.29% to $122.14 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.62% to 4,293.93 and the Dow Jones Industrial Average
DJIA,
rising 0.50% to 33,833.61.
This was the stock’s second consecutive day of losses.
Alphabet Inc. Cl A closed $6.90 short of its 52-week high ($129.04), which the company reached on June 7th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp.
MSFT,
rose 0.58% to $325.26, Amazon.com Inc.
AMZN,
rose 2.49% to $124.25, and Meta Platforms Inc.
META,
rose 0.37% to $264.58.
Trading volume (29.3 M) remained 5.1 million below its 50-day average volume of 34.4 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
