Why Alphabet Stock Was Moving Higher Today
The broad stock market was soaring today in response to news of a two-week ceasefire with Iran that includes reopening the Strait of Hormuz.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) was among the winners, benefiting from a risk-on appetite in response to the detente. Though Alphabet doesn't have direct exposure to Iran or even high oil prices, it is one of the companies most exposed to the health of the global economy because of its size and focus on digital advertising.
As of 11:31 a.m. ET, the stock was up 3.7%, outpacing the Nasdaq Composite's gain of 2.6%.
Source Fool.com
Alphabet Inc. A Aktie
308,80 €
6,79 %
Hohe Buy- und niedrige Sell-Zahlen bei Alphabet Inc. A zeigen ein stark positives Sentiment.
Ein positives Kurspotenzial für Alphabet Inc. A ist gegeben, mit einem Kursziel von 334 € über dem aktuellen Kurs von 308.8 €.
