Wednesday, February 8, 2023
HomeMarketAlphabet Inc. Cl A stock rises Wednesday, still underperforms market

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

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Shares of Alphabet Inc. Cl A
GOOGL,
+0.63%
inched 0.63% higher to $89.58 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.49%
rising 1.49% to 3,878.44 and the Dow Jones Industrial Average
DJIA,
+1.60%
rising 1.60% to 33,376.48. This was the stock’s second consecutive day of gains. Alphabet Inc. Cl A closed $61.97 below its 52-week high ($151.55), which the company achieved on February 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
+1.09%
rose 1.09% to $244.43, Amazon.com Inc.
AMZN,
+1.85%
rose 1.85% to $86.77, and Meta Platforms Inc.
META,
+2.28%
rose 2.28% to $119.76. Trading volume (24.7 M) remained 9.1 million below its 50-day average volume of 33.8 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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