If you've ever used Google, you know how dominant they are, yet even tech giants like Alphabet (Google's parent company) see their stock price fluctuate. We'll explore the surprising reasons why even a seemingly invincible company's shares can drop, and what investors really look at.
Google's stock, trading under Alphabet (GOOGL/GOOG), recently saw a significant dip, sparking widespread interest and concern among investors.
Alphabet's Class A shares (GOOGL) fell by over 7% in a single day, wiping out billions in market value.