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Alphabet Inc. Cl A stock outperforms competitors on strong trading day

 Posted by  Posted on April 27, 2023

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Shares of Alphabet Inc. Cl A advanced 3.74% to $107.59 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.96% to 4,135.35 and the Dow Jones Industrial Average rising 1.57% to 33,826.16.

The stock’s rise snapped a two-day losing streak.

Alphabet Inc. Cl A closed $15.26 below its 52-week high ($122.85), which the company achieved on May 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. rose 3.20% to $304.83, Amazon.com Inc. rose 4.61% to $109.82, and Meta Platforms Inc. rose 13.93% to $238.56.

Trading volume (49.9 M) eclipsed its 50-day average volume of 35.1 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.

Author: CSN