Google C's Steady Climb: Gains Amid Trading Volume Fluctuations and Impressive Year-to-Date Surge

Market BriefMonday, Sep 30, 2024 4:01 am ET

1min read

As of last week, Google C's (GOOG) stock saw a modest rise of 0.89%, marking a two-day upward trend with an overall increase of 1.41% over the past two days. This performance adds to a weekly gain of 0.39% and a year-to-date surge of 17.62%, with a current market valuation of $2,034.72 billion.

On September 27, 2024, Google C recorded a trading volume of $2.252 billion, ranking 18th in the U.S. stock market for the day. The trading volume was 13,604,300 shares, marking a 24.79% decrease from the day before. Additionally, the stock closed at $165.29, reflecting a 0.89% increase for the day. Over the past five trading days, the stock has seen a slight rise of 0.39%, and an overall growth of 25.36% over the past 52 weeks.

Google C (GOOG), a key entity of Alphabet Inc., operates widely in the interactive media and services sector. As of September 24, 2024, its trading volume stood at $3.071 billion, with a 19.59% increase from the previous day, totaling 18,774,100 shares traded. The stock price rose 0.35%, closing at $163.64, while the year-to-date increase was noted at 16.11%, alongside a 52-week increase of 23.81%.

Google, founded in California in 1998 and re-incorporated in Delaware in 2003, became part of Alphabet Inc. after restructuring in 2015. The company is involved in various sectors, including internet search, cloud computing, and advertising technology. Its wide-ranging subsidiaries such as Calico, GV, Google Capital, and Google Fiber contribute significantly to its diversified portfolio, offering internet-based products and services globally.

For September 23, 2024, Google C (GOOG) experienced a 0.95% decline to $163.07, with a trading volume of $2.568 billion, ranking 14th in the market that day. The five-day performance reflected a rise of 2.57%, despite a monthly dip of 1.24%. Year-to-date figures display an increase of 15.71%, with a 52-week gain totaling 24.24%.

Recent financial disclosures indicated that by June 30, 2024, Google C's revenue stood at $165.281 billion, showing a year-over-year growth of 14.47%, with a net profit of $47.281 billion, up by 41.48%. Important upcoming events include Google's quarterly earnings report announcement on October 22, 2024.

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