DJ Alphabet Inc. Cl C Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Alphabet Inc. Cl C $(GOOG)$ advanced 1.38% to $174.99 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's second consecutive day of gains.
Alphabet Inc. Cl C closed 16.15% short of its 52-week high of $208.70, which the company reached on February 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ rose 3.19% to $401.02, Amazon.com Inc. $(AMZN)$ rose 2.24% to $208.36, and Meta Platforms Inc. $(META)$ rose 2.57% to $656.47.
Trading volume (18.7 M) remained 174,093 below its 50-day average volume of 18.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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March 05, 2025 16:31 ET (21:31 GMT)
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