Alphabet sees slight recovery after worst single-day stock crash in history
GOOGL Alphabet Inc
$287.38 -0.27%
View chart & analysis → - 1Alphabet's lost market capitalization amounts to approximately $500 billion.
- 2Alphabet's stock price fell 11.3% compared to the $324.89 closing price prior to its earnings announcement.
- 3Alphabet's 30-day implied volatility recorded 35% on Monday.
So what's the key point?
Alphabet's stock price dropped significantly by 11.3% ahead of its earnings announcement. The company suffered a large loss as its value decreased by approximately $500 billion.
Source CNBC · View original ↗
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