What's Going On With Alphabet Stock Friday?

Alphabet Inc. (NASDAQ: GOOGL) shares fell 1.08% to $277.89 in Friday's premarket session, following a 3.44% decline on Thursday. The company faces legal challenges after being found liable in a lawsuit regarding the design of addictive apps, which has negatively impacted investor sentiment. Additionally, broader macroeconomic pressures, including uncertainty surrounding interest rates and the 10-year Treasury bond yield at 4.45%, are affecting growth stocks like Alphabet. Despite a 73.15% increase over the past year, the stock is currently closer to its 52-week lows.