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%.
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Source Fool.com
Alphabet Inc. C Stock
€146.26
0.930%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
With a target price of 165 € there is a slightly positive potential of 12.81% for Alphabet Inc. C compared to the current price of 146.26 €.
