Shares of Alphabet Inc. Cl A GOOGL, +1.14% rallied 1.80% to $1,507.24 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.09% rising 1.40% to 3,380.35 and the Dow Jones Industrial Average DJIA, -0.07% rising 1.05% to 27,976.84. The stock’s rise snapped a three-day losing streak. Alphabet Inc. Cl A closed $79.81 below its 52-week high ($1,587.05), which the company reached on July 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. AAPL, +1.32% rose 3.32% to $452.04, Microsoft Corp. MSFT, +0.40% rose 2.86% to $209.19, and Facebook Inc. Cl A FB, +1.65% rose 1.47% to $259.89. Trading volume (1.1 M) remained 691,582 below its 50-day average volume of 1.8 M.
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Alphabet Inc. Cl A stock rises Wednesday, outperforms market – MarketWatch