Alphabet Inc. Cl A (GOOGL) experienced a modest increase of 0.61% to reach $138.42 on Monday, contributing to the overall positive momentum of the stock market. The S&P 500 Index (SPX) saw a rise of 0.63% to 4,335.66, while the Dow Jones Industrial Average (DJIA) also climbed 0.59% to 33,604.65.
Continuation of Two Consecutive Days of Gains
This marks the second consecutive day of gains for Alphabet Inc. Cl A (GOOGL), further solidifying its recent upward trend.
Close to Its 52-Week High
Alphabet Inc. Cl A closed at $138.42, just $0.74 below its 52-week high of $139.16, which was achieved on September 18th.
Mixed Performance Compared to Competitors
In comparison to its competitors on Monday, Alphabet Inc. Cl A showcased a mixed performance. Microsoft Corp. (MSFT) rose by 0.78% to $329.82, Amazon.com Inc. (AMZN) saw a slight increase of 0.23% to $128.26, and Meta Platforms Inc. (META) experienced a notable rise of 0.93% to $318.36.
Moderate Trading Volume
Despite the positive trading day, the trading volume for Alphabet Inc. Cl A was lower than its 50-day average volume. With a trading volume of 19.2 million shares, it remained 5.9 million shares below the average volume of 25.1 million.
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