Shares of Alphabet Inc. Cl A
GOOGL,
sank 0.51% to $137.40 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.22% to 4,450.32 and Dow Jones Industrial Average
DJIA,
falling 0.83% to 34,618.24.
The stock’s fall snapped a two-day winning streak.
Alphabet Inc. Cl A closed $1.30 short of its 52-week high ($138.70), which the company reached on September 14th.
Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp.
MSFT,
fell 2.50% to $330.22, Amazon.com Inc.
AMZN,
fell 2.99% to $140.39, and Meta Platforms Inc.
META,
fell 3.66% to $300.31.
Trading volume (38.3 M) eclipsed its 50-day average volume of 28.9 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