Shares of Alphabet Inc. Cl A GOOGL, -0.81% shed 0.81% to $140.37 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.14% rising 0.14% to 4,781.58 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 37,656.52.
The stock’s fall snapped a seven-day winning streak.
Alphabet Inc. Cl A closed $2.31 short of its 52-week high ($142.68), which the company achieved on December 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, -0.16% fell 0.16% to $374.07, Amazon.com Inc. AMZN, -0.05% fell 0.05% to $153.34, and Meta Platforms Inc. META, +0.85% rose 0.85% to $357.83.
Trading volume (19.6 M) remained 11.3 million below its 50-day average volume of 30.8 M.