Published on 26 Sep 2022 on Market Watch
Shares of Alphabet Inc. Cl A sank 0.58% to $98.17 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.03% to 3,655.04 and Dow Jones Industrial Average falling 1.11% to 29,260.81. This was the stock's second consecutive day of losses. Alphabet Inc. Cl A closed $53.38 short of its 52-week high ($151.55), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. rose 0.23% to $150.77 and Microsoft Corp. fell 0.20% to $237.45. Trading volume (26.7 M) remained 1.9 million below its 50-day average volume of 28.6 M.