Alphabet Has Muted Bounce After Friday's Decline

Alphabet Inc GOOG shares are trading higher by $3.40 at $722.27 Monday's session. It's attempting to recoup some its losses from Friday's $40+ decline ($759.14 to $718.77), when the company announced Q1 results that came of shy of Wall Street estimates.

After a lower open, it immediately found support at $715.59, which was well ahead of Friday's low $713.62 and began to move higher. So far, the bounce has been capped at $733.67, which is well shy of Friday's high at $736.12.