Published on 5 Aug 2022 on Market Watch
Shares of Alphabet Inc. Cl A slumped 0.61% to $117.47 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 32,803.47 and the S&P 500 Index falling 0.16% to 4,145.19. The stock's fall snapped a three-day winning streak. Alphabet Inc. Cl A closed $34.08 below 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 0.14% to $165.35 and Microsoft Corp. fell 0.26% to $282.91. Trading volume (18.9 M) remained 19.1 million below its 50-day average volume of 38.0 M.