Why Alphabet Stock Popped Today
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock jumped 5.1% through 12:55 p.m. ET Monday after analysts at Morgan Stanley reassured investors about the company's prospects amid record levels of investment in AI infrastructure.
Image source: Alphabet.
Alphabet reported strong earnings last week, beating expectations with profits of $9.11 per share -- triple what analysts expected. Surprisingly, Alphabet stock sold off after the report and, in fact, continued to trade below its pre-earnings price all the way through Friday.
Source Fool.com
Alphabet Inc. A Aktie
328,10 €
1,00 %
Starke Kaufneigung bei Alphabet Inc. A, mit mehr Buy- als Sell-Einschätzungen.
Ein leicht positives Potenzial wird für Alphabet Inc. A mit einem Kursziel von 339 € im Vergleich zu 328.1 € gesehen.
