Alphabet (GOOGL) Stock Drops Despite Market Gains: Important Facts to Note

The latest trading session saw Alphabet (GOOGL) ending at $147.03, denoting a -0.44% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.57%. Meanwhile, the Dow gained 0.83%, and the Nasdaq, a tech-heavy index, added 0.39%.Coming into today, shares of the internet search leader had gained 5.1% in the past month. In that same time, the Computer and Technology sector gained 3.42%, while the S&P 500 gained 2.97%.The investment community will be closely monito ...