Alphabet Inc. Breaches $700

Alphabet Inc.

shares are trading lower by $9.60 at $698.55 in Wednesday's session. The post-earnings drift lower continues. After peaking early in the session just above Tuesday's close ($708.14) at $708.98, it began to move lower. The ensuing decline has taken the issue to $692.37 before staging a rebound. That marks the first time under $700, when it bottomed on March 9 at $694, but rebounded to end the session $705.24. The last time it closed under $700 was March 8, when it closed at $693.97,