Shares of Alphabet Inc. Cl A GOOGL, +1.99% rose 4.97% to $2,668.40 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.31% rising 2.57% to 4,277.88 and the Dow Jones Industrial Average DJIA, +0.05% rising 2.00% to 33,286.25. This was the stock’s second consecutive day of gains. Alphabet Inc. Cl A closed $362.53 short of its 52-week high ($3,030.93), which the company reached on February 2nd.
The stock outperformed some of its competitors Wednesday, as Apple Inc. AAPL, +0.52% rose 3.50% to $162.95, Microsoft Corp. MSFT, -0.47% rose 4.59% to $288.50, and Meta Platforms Inc. FB, +1.82% rose 4.31% to $198.50. Trading volume (1.8 M) remained 144,875 below its 50-day average volume of 2.0 M.
The Tesla CEO and Twitter have been sparring for weeks over the amount of spam on the social-media platform.
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