Shares of Alphabet Inc. Cl A Surge on Strong Trading Session

Shares of Alphabet Inc. Cl A (GOOGL) experienced a notable increase, rising 0.97% to reach $135.88 on Wednesday. This surge came amidst a highly positive trading session for the stock market, with the S&P 500 Index (SPX) climbing 0.38% to reach 4,514.87 and the Dow Jones Industrial Average (DJIA) rising 0.11% to reach 34,890.24.

Consistent Growth over Four Consecutive Days

This recent gain marked the fourth consecutive day of positive growth for Alphabet Inc. Cl A.

Closing Just Below 52-Week High

Alphabet Inc. Cl A closed at $135.88, which is only $0.69 below its 52-week high of $136.57 that was achieved on August 29th.

Outperforming Competitors

On Wednesday, Alphabet Inc. Cl A surpassed some of its key competitors. While Microsoft Corp. (MSFT) and Amazon.com Inc. (AMZN) experienced marginal growth of 0.12% each, reaching $328.79 and $135.07 respectively, Meta Platforms Inc. (META) observed a slight decline of 0.97% to end the trading session at $295.10.

Below Average Trading Volume

The trading volume for Alphabet Inc. Cl A was recorded at 26.8 million shares, which remains 3.5 million shares below its 50-day average volume of 30.3 million shares.