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The news was the latest sign of regulatory aggression toward Alphabet, and the stock was down 4.6% as of 9:56 a.m. ET. An investor clicking on a search bar. Image source: Getty Images.
Shares of Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) were on an upswing earlier this year. The stock rose from a 52-week low of $127.90 last December to hit a high of $191.75 in July.
*Stock Advisor returns as of December 16, 2024. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet. The Motley Fool ...
Alphabet stock jumped as much as 6%, adding about $136 billion to its market valuation and representing its best intra-day gain since April 26. The stock had pared its gain to about 5% by 1:00 p.m ...
Forcing Google to share the data that underpins its search results. ... Alphabet stock is currently selling for just 23 times earnings, a significant discount to a multiple of 30 for the S&P 500 ...
The stock has fallen from highs set earlier this summer.
Alphabet said Thursday that it’s issuing a 20-cent per share dividend, the company’s first ever, and that its board authorized the repurchase of up to $70 billion in stock.
Alphabet shares are trading at a forward price-to-earnings ratio of just 22.6. That seems like an absolute no-brainer buying decision, especially when you consider the company's growth potential ...