Alphabet Inc. Cl A Shares Rise Amidst Dismal Stock Market

Shares of Alphabet Inc. Cl A (GOOGL) experienced a 1.52% boost on Tuesday, reaching a price of $140.95. This positive outcome stands out amidst an overall gloomy trading session for the stock market. The S&P 500 Index (SPX) witnessed a decline of 0.15% to 4,756.50, while the Dow Jones Industrial Average (DJIA) fell 0.42% to 37,525.16.

Impressively, this marks the second consecutive day of gains for Alphabet Inc. Cl A.

It is worth noting that the stock closed at $1.73 under its 52-week high of $142.68, which it reached on December 26th.

Compared to some of its competitors, Alphabet Inc. Cl A displayed a mixed performance on Tuesday. Microsoft Corp. (MSFT) experienced a 0.29% increase to $375.79, Amazon.com Inc. (AMZN) rose by 1.52% to $151.37, and Meta Platforms Inc. (META) encountered a 0.34% drop to $357.43.

Despite the positive movement in share price, the trading volume of Alphabet Inc. Cl A remained below average with 24.7 million shares traded compared to the 50-day average volume of 28.6 million.