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.

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