Markets

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

Shares of Alphabet Inc. Cl A
GOOGL,
-3.78%
shed 3.78% to $122.50 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.27%
rising 0.27% to 33,665.02 and the S&P 500 Index
SPX,
-0.38%
falling 0.38% to 4,267.52.

The stock’s fall snapped a four-day winning streak.

Alphabet Inc. Cl A closed $5.79 short of its 52-week high ($128.29), which the company reached on June 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-3.09%
fell 3.09% to $323.38, Amazon.com Inc.
AMZN,
-4.25%
fell 4.25% to $121.23, and Meta Platforms Inc.
META,
-2.77%
fell 2.77% to $263.60.

Trading volume (52.5 M) eclipsed its 50-day average volume of 34.5 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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