Alphabet Inc. Cl A Shares Rally on Positive Trading Session

Shares of Alphabet Inc. Cl A (GOOGL) experienced a remarkable rally on Thursday, gaining 1.50% and reaching a price of $140.42. This surge coincided with an overall positive trading session for the stock market, as the S&P 500 Index (SPX) rose by 1.03% to reach 4,746.75, and the Dow Jones Industrial Average (DJIA) increased by 0.87% to reach 37,404.35.

Impressively, this marked the fifth consecutive day of gains for Alphabet Inc. Cl A.

Although the stock fell just short of its 52-week high of $141.70, achieved on December 20th, it has still demonstrated strong performance.

Interestingly, Alphabet Inc. Cl A outperformed some of its competitors on Thursday. Microsoft Corp. (MSFT) saw a modest gain of 0.79%, reaching a price of $373.54. Meanwhile, Amazon.com Inc. (AMZN) experienced a gain of 1.13% and reached a price of $153.84. Finally, Meta Platforms Inc. (META) showcased the largest gain among these competitors with an increase of 1.38% and a price of $354.09.

Notably, the trading volume for Alphabet Inc. Cl A on Thursday was 27.4 million, which remained slightly below its 50-day average volume of 30.9 million.