GOOGL - Why Alphabet Stock Is Lower Today | Benzinga
Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) shares are trading lower by 2.7% to $167.28 during Monday’s session after the stock surged last week on strong earnings.
Alphabet, Google’s parent company, last announced a 15% year-over-year increase in first-quarter revenue to $80.539 billion, surpassing the expected $78.594 billion. Quarterly earnings stood at $1.89 per share, exceeding analyst predictions of $1.51 per share.
This marks the fifth consecutive quarter where Alphabet has surpassed analyst estimates in both revenue and earnings…Read More
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