Alphabet's stock is surpassing the $1,000 mark for the first time, less than a week after Amazon reached the same milestone.
The parent company of Google, along with the online retail juggernaut Amazon, are part of a small group of stocks belonging to companies that have shunned stock splits.
The splits make the stock more affordable and generate brokerage fees.
Shares of Alphabet Inc., based in Mountain View, California, gained $6.05 to $1,002.17 in early start of the month.
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