Alphabet (GOOG) Gains Ahead of Earnings, Tops $160 Intraday, Rises After Hours
MOUNTAIN VIEW, CA – Alphabet Inc Class C (NASDAQ: GOOG) shares closed higher on Tuesday, adding to recent gains and showing further positive movement in after-hours trading, as investors look ahead to the company’s upcoming earnings report.
The Google parent company ended the official trading session on April 23rd at
3.82, or 2.48%, for the day, building on the previous close of $153.90. The stock demonstrated strength during the session, opening at
160.02**. The session low was recorded at $156.35.
Following the closing bell, Alphabet shares continued to edge upwards in after-hours trading. As of 7:59 pm GMT-4, the stock was trading at
0.68 or 0.43% to its value.
This market activity precedes a significant upcoming event: Alphabet’s Q1 Earnings Call, scheduled for 4:30 pm GMT-4. Investors are keenly anticipating the results and management commentary.
Current financial metrics for Alphabet include a substantial market capitalization of 1.91LCr (indicating nearly two trillion USD), a P/E ratio of 20.42, and a dividend yield of 0.51%. The stock is trading within its 52-week range, which extends from a low of $142.66 to a high of $208.70.
The positive performance of GOOG stock, both during the regular session and into the after-hours market, coupled with the anticipation surrounding the earnings release, makes Alphabet a central focus for the US investment community.
