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

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Shares of Alphabet Inc. Cl A
GOOGL,
+1.13%
rose 1.13% to $148.70 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.08%
rising 0.08% to 4,868.55 and the Dow Jones Industrial Average
DJIA,
-0.26%
falling 0.26% to 37,806.39.

This was the stock’s second consecutive day of gains.

Alphabet Inc. Cl A hit a new 52-week high, surpassing its previous peak of $148.39, which the company achieved on January 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
+0.92%
rose 0.92% to $402.56, Amazon.com Inc.
AMZN,
+0.54%
rose 0.54% to $156.87, and Meta Platforms Inc.
META,
+1.43%
rose 1.43% to $390.70.

Trading volume (25.2 M) remained 2.1 million below its 50-day average volume of 27.2 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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