Why Alphabet Stock Was Falling Today
Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were sliding today on a report from Bloomberg last night that the U.S. Department of Justice was considering a full-scale breakup of the company following earlier lawsuits, including a ruling by a judge last week that said payments to companies like Apple and Samsung to be the default search engine on their devices constituted an illegal monopoly.
As of 11:35 a.m. ET on Wednesday, Alphabet stock was down 3.2%.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. C Stock
€298.95
0.720%
Our community is currently high on Alphabet Inc. C with 66 Buy predictions and 5 Sell predictions.
With a target price of 367 € there is a positive potential of 22.76% for Alphabet Inc. C compared to the current price of 298.95 €.
