At 12:30 GMT on Friday, March 24, 2023, the U.S. equities market saw significant movement in stock prices, with Google Alphabet Inc. leading the charge with a spot-based price of 106.16, a significant 18.48% increase. Other tech giants also experienced significant increases, with Microsoft Corporation at 277.53, a 10.72% increase, and Apple Inc. at 158.86, an 8.06% increase.
In contrast, Bank of America Corporation saw a significant decline in its stock price, with a spot-based price of 26.89, a decrease of 20.61%. Other companies that experienced decreases included Pfizer, Inc. with a spot-based price of 40.11, a decrease of 4.39%, and Exxon Mobil Corporation at 103.32, a decrease of 5.47%.
The Procter & Gamble Company saw a slight increase in its stock price, with a spot-based price of 143.67, a 3.43% increase. Similarly, Nike, Inc. saw a 2.48% increase, with a spot-based price of 120.90. Netflix, Inc. had a modest increase of 0.37%, with a spot-based price of 320.15. Wal-Mart Stores Inc. also had a minor increase of 0.07%, with a spot-based price of 140.45.
The Chinese e-commerce giant, Alibaba Group US Holding Limited, was the only company to experience a significant decrease among the tech giants, with a spot-based price of 86.43, a decrease of 3.98%. Tesla Motors, Inc. also had a slight decrease, with a spot-based price of 192.10, a decrease of 2.10%.
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