Markets

Alphabet Inc. Cl A stock underperforms Wednesday when compared to competitors

Shares of Alphabet Inc. Cl A
GOOGL,
-2.07%
slid 2.07% to $120.55 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.52%
falling 0.52% to 4,365.69 and Dow Jones Industrial Average
DJIA,
-0.30%
falling 0.30% to 33,951.52.

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

Alphabet Inc. Cl A closed $8.49 below its 52-week high ($129.04), which the company achieved on June 7th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-1.33%
fell 1.33% to $333.56, Amazon.com Inc.
AMZN,
-0.76%
fell 0.76% to $124.83, and Meta Platforms Inc.
META,
-0.95%
fell 0.95% to $281.64.

Trading volume (30.2 M) remained 4.0 million below its 50-day average volume of 34.2 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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