Shares of Alphabet Inc. Cl A
advanced 1.61% to $100.43 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.05% to 4,119.21 and the Dow Jones Industrial Average
rising 0.02% to 34,092.96. This was the stock’s second consecutive day of gains. Alphabet Inc. Cl A closed $51.12 below its 52-week high ($151.55), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
rose 1.99% to $252.75, Amazon.com Inc.
rose 1.96% to $105.15, and Meta Platforms Inc.
rose 2.79% to $153.12. Trading volume (33.0 M) eclipsed its 50-day average volume of 29.9 M.