Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Alphabet Inc. Cl A Stock Slides 12.6%, Underperforms Peers

Alphabet Inc. Cl A Stock Slides 12.6%, Underperforms Peers

Dow JonesDow Jones2026/10/29 20:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Alphabet Inc. Cl A tumbled 12.6% to $283.82 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,720.39 and Dow Jones Industrial Average falling 0.3% to 52,342.56.

The stock's fall snapped a two-day winning streak.

Alphabet Inc. Cl A closed 30.5% below its 52-week high of $408.61, which the company reached on May 18th.

The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 0.2% to $530.14, Amazon.com Inc. fell 4.2% to $243.79, and Meta Platforms Inc. rose 1.96% to $624.52.

Trading volume totaled 136.6 million, compared to the 50-day average of 25.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 29, 2026 16:33 ET (20:33 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

OPay backed by SoftBank suddenly halts US IPO, regulatory inquiries become the biggest uncertainty

Nigerian digital financial platform OPay announced the suspension of its IPO after revealing pricing, citing a regulatory inquiry. The company stated that the listing may be restarted in the coming months.

智通财经•2026/11/03 07:57
OPay backed by SoftBank suddenly halts US IPO, regulatory inquiries become the biggest uncertainty