Alphabet Inc. Cl A stock falls Wednesday, underperforms market

Alphabet Inc. Cl A stock falls Wednesday, underperforms market

Shares of Alphabet Inc. Cl A GOOGL, -0.29% slid 1.02% to $2,835.38 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.14% rising 0.37% to 4,536.19 and the Dow Jones Industrial Average DJIA, -0.28% rising 0.43% to 35,609.34. The stock’s fall snapped a five-day winning streak. Alphabet Inc. Cl A closed $89.70 below its 52-week high ($2,925.08), which the company achieved on September 1st.

The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, 0.08% rose 0.34% to $149.26, Microsoft Corp. MSFT, 0.21% fell 0.27% to $307.41, and Facebook Inc. Cl A FB, -0.27% rose 0.23% to $340.78. Trading volume (1.1 M) remained 147,987 below its 50-day average volume of 1.3 M.

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