3rdPartyFeeds

How Alphabet Could Become the Next $3 Trillion Stock

The three members each boast a market value above $3 trillion through Wednesday’s close, while Alphabet’s is hovering around $2.177 trillion, according to Dow Jones Market Data. There are two classes of Alphabet stock that trade significant volume, but they trade for similar prices, around $181, and overall there are about 12.4 billion shares outstanding. Stock prices, and market values, are a function of earnings and valuation multiples. Read More...

The three members each boast a market value above $3 trillion through Wednesday’s close, while Alphabet’s is hovering around $2.177 trillion, according to Dow Jones Market Data. There are two classes of Alphabet stock that trade significant volume, but they trade for similar prices, around $181, and overall there are about 12.4 billion shares outstanding. Stock prices, and market values, are a function of earnings and valuation multiples.

Read More

Add Comment

Click here to post a comment