7.9 C
New York
Friday, February 23, 2024

$110 billion set to be wiped off Alphabet’s valuation after Google owner’s advertising revenues disappoint

Shares in Alphabet fell in premarket trading Wednesday as investors reacted to an earnings report that showed advertising revenues falling short of Wall Street’s expectations for the Google owner. The stock was down 6% shortly after 5 a.m. ET — a decline that is set to wipe about $110 billion off …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,589FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x