Shares of Alphabet Inc. Cl A (GOOGL) saw a 1.21% slip, closing at $130.24 on Thursday. This decline came during a generally unfavorable trading session for the overall stock market. The S&P 500 Index (SPX) fell by 0.81% to 4,347.35, while the Dow Jones Industrial Average (DJIA) dropped 0.65% to 33,891.94.
After six consecutive days of gains, Alphabet Inc. Cl A's stock finally experienced a setback. Despite the decline, it is worth noting that the company remains just $10.98 away from its 52-week high of $141.22, which it achieved on October 12th.
When compared to some of its competitors on Thursday, Alphabet Inc. Cl A underperformed slightly. Microsoft Corp. (MSFT) saw a 0.69% decrease, closing at $360.69. Amazon.com Inc. (AMZN) experienced a 1.04% decrease, closing at $140.60. On the other hand, Meta Platforms Inc. (META) managed to rise by 0.24%, closing at $320.55.
The trading volume for Alphabet Inc. Cl A remained slightly lower than its 50-day average volume, with 22.9 million shares traded compared to an average of 27.5 million shares.
