Alphabet Inc. Cl A Stock Rises on Positive Trading Session
Shares of Alphabet Inc. Cl A (GOOGL) experienced a modest increase of 0.89% to reach $130.25 on Monday. This gain occurred during a highly favorable trading session for the overall stock market. The S&P 500 Index (SPX) rose by 0.18% to reach 4,365.98, while the Dow Jones Industrial Average (DJIA) also saw a 0.10% increase to reach 34,095.86.
This marks the fourth consecutive day of gains for Alphabet Inc. Cl A.
Although the stock closed at $10.97 below its 52-week high of $141.22, which was achieved on October 12th, it still displayed a positive performance.
When comparing Alphabet Inc. Cl A to some of its competitors on Monday, we can observe mixed results. Microsoft Corp. (MSFT) saw a 1.06% increase to reach $356.53, Amazon.com Inc. (AMZN) rose by 0.82% to $139.74, and Meta Platforms Inc. (META) experienced a slight rise of 0.38% to reach $315.80.
Despite the positive movement in stock price, trading volume for Alphabet Inc. Cl A was 8.8 million below its 50-day average volume of 27.8 million, with a total volume of 19.0 million traded.
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