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Alphabet Inc (Google) Class C saw a sharp decline over the past five days, dropping 14.81 USD, or 7.33%, to close at 187.14 USD on February 7 at 7:59 PM GMT-5. The stock faced significant percentage decline throughout the week, after its earnings report failed to meet Wall Street expectations.
During the latest trading session, Alphabet opened at 192.74 USD, attempting to regain stability. The stock briefly reached a session high of 193.02 USD, but selling activity pushed it down to an intraday low of 185.10 USD before settling at 187.14 USD. The closing price placed the stock closer to its lower range for the day.
After-hours trading saw further losses, with Alphabet declining 0.58 USD, or 0.31%, to 186.56 USD. Despite the decline, Alphabet retained a substantial market capitalization of 2.28LCr. The stock faced resistance near 193.02 USD, where selling pressure intensified, while support around 185.10 USD helped prevent a deeper fall.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.