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
€164.40
0.460%
The stock is one of the favorites of our community with 43 Buy predictions and 4 Sell predictions.
With a target price of 190 € there is a slightly positive potential of 15.57% for Alphabet Inc. C compared to the current price of 164.4 €.
