Shares of Alphabet Inc. Class C (NASDAQ: GOOG), the parent company of Google, faced downward pressure during the NASDAQ trading session on April 17th. The technology giant closed the regular trading day at $153.36 USD, marking a 1.38% decline, or a loss of $2.14 per share compared to its prior closing price of $155.50.
The intraday chart for GOOG showed a significant drop shortly after the market opened, with the stock falling sharply in the morning hours. Although there was a period of volatile, sideways trading as the stock attempted to recover some of its early losses, it ultimately failed to regain the ground lost and closed well below the previous day’s price.
The official market close for GOOG was recorded at 8:00 PM UTC-4 (4:00 PM ET). After the regular session ended, Alphabet shares continued to face pressure in after-hours trading, dipping further to $153.00, reflecting a decrease of $0.36, or 0.23%.
As a major player in the tech sector, Alphabet’s stock movements are closely monitored by investors globally. The day’s performance underscores the volatility often present in large-cap tech stocks, which can be significantly influenced by broader market conditions.
(Disclaimer: This article reports on stock market data and does not constitute financial advice. Market conditions can change rapidly.)
