Alphabet Inc. Cl A stock rises Monday, still underperforms market

News Room
By News Room 1 Min Read

Shares of Alphabet Inc. Cl A
GOOGL,
+0.40%
inched 0.40% higher to $136.92 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.67%
rising 0.67% to 4,487.46 and the Dow Jones Industrial Average
DJIA,
+0.25%
rising 0.25% to 34,663.72.

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

Alphabet Inc. Cl A closed $1.08 short of its 52-week high ($138.00), which the company reached on August 31st.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
MSFT,
+1.10%
rose 1.10% to $337.94, Amazon.com Inc.
AMZN,
+3.52%
rose 3.52% to $143.10, and Meta Platforms Inc.
META,
+3.25%
rose 3.25% to $307.56.

Trading volume (20.4 M) remained 8.7 million below its 50-day average volume of 29.1 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

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *