The shares of Alphabet Inc. Cl A (GOOGL) experienced a notable increase of 1.37% on Monday, reaching a price of $131.33. This positive performance took place amidst an overall successful trading session for the stock market, with the S&P 500 Index (SPX) rising by 0.58% to 4,489.72 and the Dow Jones Industrial Average (DJIA) increasing by 0.07% to 35,307.63.
However, it is important to note that Alphabet Inc. Cl A closed at $2.41 below its 52-week high of $133.74, which was achieved on July 28th.
When comparing Alphabet Inc. Cl A’s performance to its competitors on Monday, it showcased a mixed result. While Microsoft Corp. (MSFT) saw a rise of 0.94% to $324.04, Amazon.com Inc. (AMZN) experienced a growth of 1.56% to $140.57, and Meta Platforms Inc. (META) also observed a favorable climb of 1.51% to $306.19.
It is worth mentioning that the trading volume for Alphabet Inc. Cl A reached 23.3 million shares on Monday, which was 8.1 million shares lower than its 50-day average volume of 31.4 million shares.