GgoogleUS first seen 7 h ago, last 7 h ago, peak #3

Alphabet sheds $500 billion in market value

Original: alphabet stock drop 500 billion

Alphabet lost roughly half a trillion dollars in market value in a single trading day, in what the Wall Street Journal describes as the stock's worst day ever. The sell-off makes it one of the largest one-day value wipeouts for any company, hitting investors holding Google's parent firm across the US market.

Why now: The unprecedented scale of the single-day loss to a major tech company has shocked markets and investors.

AlphabetGoogleWall Street Journal

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Evidence

• Alphabet Sheds Half a Trillion in Market Value in Stock’s Worst Day Ever · WSJ

Elsewhere

• GgoogleGB #8 · 5 h ago

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