Shares of Alphabet Inc. Cl A (GOOGL) saw a modest increase of 0.83% on Friday, reaching $136.38. This gain came within a highly favorable trading session for the overall stock market. The S&P 500 Index rose by 0.14% to reach 4,457.49, and the Dow Jones Industrial Average also saw a positive increase of 0.22%, closing at 34,576.59.
Steady Growth for Alphabet Inc. Cl A
This marks the second consecutive day of gains for Alphabet Inc. Cl A. Although it closed $1.62 short of its 52-week high achieved on August 31st, the stock continued to demonstrate promising growth.
Mixed Performance Compared to Competitors
On Friday, Alphabet Inc. Cl A showcased mixed performance compared to some of its industry competitors. While Microsoft Corp. (MSFT) rose by 1.32% to $334.27, Amazon.com Inc. (AMZN) saw a slight increase of 0.28% to $138.23. On the other hand, Meta Platforms Inc. (META) experienced a minor decline of 0.26% to $297.89.
Trading Volume
The trading volume for Alphabet Inc. Cl A stood at 23.5 million shares, which is 5.7 million below its 50-day average volume of 29.2 million shares.
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