Tuesday, March 28, 2023
HomeMarketAlphabet Inc. Cl A stock outperforms competitors despite losses on the day

Alphabet Inc. Cl A stock outperforms competitors despite losses on the day

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Shares of Alphabet Inc. Cl A
GOOGL,
-1.21%
slid 1.21% to $94.35 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.39%
rising 0.39% to 33,826.69 and the S&P 500 Index
SPX,
-0.28%
falling 0.28% to 4,079.09. This was the stock’s second consecutive day of losses. Alphabet Inc. Cl A closed $49.44 below its 52-week high ($143.79), which the company achieved on March 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
-1.56%
fell 1.56% to $258.06, Amazon.com Inc.
AMZN,
-0.97%
fell 0.97% to $97.20, and Meta Platforms Inc.
META,
+0.26%
rose 0.26% to $172.88. Trading volume (33.1 M) remained 5.3 million below its 50-day average volume of 38.4 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.

Credit: marketwatch.com

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