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Aug. 13, 2020, 4:25 p.m. EDT

Alphabet Inc. Cl A stock outperforms market on strong trading day

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Shares of Alphabet Inc. Cl A GOOGL inched 0.62% higher to $1,516.65 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA falling 0.29% to 27,896.72. This was the stock's second consecutive day of gains. Alphabet Inc. Cl A closed $70.40 short of its 52-week high ($1,587.05), which the company achieved on July 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. AAPL rose 1.77% to $460.04, Microsoft Corp. MSFT fell 0.23% to $208.70, and Facebook Inc. Cl A FB rose 0.54% to $261.30. Trading volume (1.1 M) remained 695,072 below its 50-day average volume of 1.8 M.

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Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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