Shares will soon trade for a lower price following its big split. History suggests the stock will keep climbing. Read More...
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.
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