Shares of Alphabet Inc. Cl A inched 0.69% higher to $123.72 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock’s rise snapped a two-day losing streak.
Alphabet Inc. Cl A closed $2.71 short of its 52-week high ($126.43), which the company achieved on May 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. rose 1.28% to $332.58, Amazon.com Inc. rose 1.82% to $122.77, and Meta Platforms Inc. rose 2.98% to $272.61.
Trading volume (30.5 M) remained 4.3 million below its 50-day average volume of 34.9 M.