Apple Stock – Alphabet Inc. Cl A stock outperforms competitors despite losses on the day
Shares of Alphabet Inc. Cl A
shed 1.13% to $2,252.52 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.92% to 4,134.98 and Dow Jones Industrial Average
falling 0.94% to 33,815.90. This was the stock’s third consecutive day of losses. Alphabet Inc. Cl A closed $51.57 below its 52-week high ($2,304.09), which the company achieved on April 19th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Apple Inc.
fell 1.17% to $131.94, Microsoft Corp.
fell 1.31% to $257.17, and Facebook Inc. Cl A
fell 1.64% to $296.52.true Trading volume (1.2 M) remained 325,945 below its 50-day average volume of 1.5 M.