Shares of Alphabet Inc. Cl A (GOOGL) edged 0.11% higher on Monday, reaching $132.72. The stock showed positive momentum in a great trading session for the overall stock market, with the S&P 500 Index (SPX) rising 0.15% to 4,588.96 and the Dow Jones Industrial Average (DJIA) increasing by 0.28% to 35,559.53.
Continued Gains for Alphabet Inc. Cl A
This marks the seventh consecutive day of gains for Alphabet Inc. Cl A's stock. The company closed just $1.02 below its 52-week high of $133.74, which it achieved on July 28th.
Mixed Performance Compared to Competitors
In comparison to some of its competitors, Alphabet Inc. Cl A's stock had a mixed performance on Monday. Microsoft Corp. (MSFT) fell by 0.72% to $335.92, while Amazon.com Inc. (AMZN) rose by 1.11% to $133.68. Meta Platforms Inc. (META) experienced a decline of 2.11% to $318.60.
Trading Volume and Overview
The trading volume for Alphabet Inc. Cl A was 28.0 million, which remained 6.0 million below its 50-day average volume of 34.0 million.