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Alphabet (GOOG) Stock Sees Late Day Fade, Recaptures Previous Close Level After Hours

Alphabet Inc Class C (NASDAQ: GOOG) presented investors with a day of fluctuating fortunes on April 30th, ultimately closing the regular session slightly down before staging a recovery in extended trading that pushed it back above the prior day’s closing level.

The technology conglomerate’s shares finished the official trading day at 160.89 USD. This marked a decrease of 1.17 USD, or 0.72%, from the previous close of 162.06 USD. The session began at 159.86 USD, saw the stock climb to an intraday peak of 161.37 USD, and touched a low of 157.16 USD. The chart indicates a dip near the opening bell followed by a climb through the afternoon, before some pullback towards the close.

However, activity in the after-hours market painted a more positive picture. As of 8:00 pm GMT-4, GOOG was trading at 162.21 USD. This represents a gain of 1.32 USD, or 0.82%, from the official close, notably taking the share price slightly above where it ended the previous trading day.

Alphabet remains a titan in the market, with a market capitalization around 1.94 Trillion USD. The company’s shares trade at a Price-to-Earnings (P/E) ratio of 18.23. Investors also receive a dividend yield of 0.50% from the stock.

Looking at the bigger picture, Alphabet’s recent trading sits within its annual range. The stock has achieved a 52-week high of 208.70 USD and has seen a 52-week low of 142.66 USD.

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