Shares of Alphabet Inc. Cl A (GOOGL) experienced a slight decline of 0.71% on Tuesday, closing at $123.76. Despite this setback, the overall stock market had a great trading session, with the S&P 500 Index (SPX) rising by 0.71% to reach 4,554.98, and the Dow Jones Industrial Average (DJIA) increasing by 1.06% to reach 34,951.93.
This marks the second consecutive day of losses for Alphabet Inc. Cl A.
The stock fell short of its 52-week high ($129.04) by $5.28, a record that was set on June 7th.
In comparison to its competitors on Tuesday, Alphabet Inc. Cl A underperformed. Microsoft Corp. (MSFT) saw a significant increase of 3.98% to reach $359.49, while Amazon.com Inc. (AMZN) experienced a slight decline of 0.55% to reach $132.83. Meta Platforms Inc. (META) had a modest rise of 0.46% and closed at $312.05.
The trading volume for Alphabet Inc. Cl A was recorded at 26.0 million shares, which is 7.5 million shares below its 50-day average volume of 33.6 million.