Key Takeaways
- Google is testing a new all time closing high after briefly reaching a record intraday price near $330.
- The rally has lifted Google past Apple in market value as AI progress and investor demand support shares.
Alphabet, the parent company of Google, saw its shares open about 1% higher on Thursday, briefly reaching a new intraday record near $330 before paring gains as technology stocks weakened more broadly.
The stock had previously touched an all-time high in late November, when shares briefly reached $328. Google’s highest closing price remains $323, set during that same session.
Traders are watching whether the stock can close above that level to confirm a new record close. At press time, shares had retreated toward $326 as the broader tech sector moved lower in early trading.
cryptobriefing.com