Where Alphabet’s Valuation Stands among Peers
On April 23, Alphabet’s (GOOG) stock closed down 0.51% at $1,067.45 for the day. However, on a year-to-date basis, Alphabet’s stock price grew 2.0%, compared to the S&P 500’s return of -0.1%. Stock prices for peers Twitter (TWTR), Amazon (AMZN), and Alibaba (BABA) were up 30.0%, 29.8%, and 1.8%, respectively. However, Facebook (FB) was down nearly 6% on a YTD basis as of April 23.