Shares of Alphabet Inc. Cl A
GOOGL,
shed 9.51% to $125.61 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.43% to 4,186.77 and Dow Jones Industrial Average
DJIA,
falling 0.32% to 33,035.93.
The stock’s fall snapped a two-day winning streak.
Alphabet Inc. Cl A closed $15.61 short of its 52-week high ($141.22), which the company achieved on October 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
rose 3.07% to $340.67, Amazon.com Inc.
AMZN,
fell 5.58% to $121.39, and Meta Platforms Inc.
META,
fell 4.17% to $299.53.
Trading volume (83.2 M) eclipsed its 50-day average volume of 25.6 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.
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