Published on 22 Jul 2022 on Market Watch
Shares of Alphabet Inc. Cl A shed 5.63% to $107.90 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.93% to 3,961.63 and Dow Jones Industrial Average falling 0.43% to 31,899.29. The stock's fall snapped a three-day winning streak. Alphabet Inc. Cl A closed $43.65 short of its 52-week high ($151.55), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. fell 0.81% to $154.09 and Microsoft Corp. fell 1.69% to $260.36. Trading volume (48.6 M) eclipsed its 50-day average volume of 38.3 M.