Shares of Alphabet Inc. Cl A inched 0.68% higher to $2,568.43 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.20% to 4,367.48 and the Dow Jones Industrial Average rising 0.07% to 34,823.35. This was the stock’s third consecutive day of gains. Alphabet Inc. Cl A closed $18.10 short of its 52-week high ($2,586.53), which the company reached on July 14th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. rose 0.96% to $146.80, Microsoft Corp. rose 1.68% to $286.14, and Facebook Inc. Cl A rose 1.43% to $351.19. Trading volume (679,711) remained 601,372 below its 50-day average volume of 1.3 M.