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Why Alphabet Stock Was Soaring Today

TheMotleyFool

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Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were climbing today as the Google parent delivered better-than-expected revenue growth in the first quarter, even as its advertising business was buffeted by the COVID-19 pandemic toward the end of the period. The revenue beat and management's commentary that second-quarter results wouldn't be as bad as feared helped lift the stock.

As of 10:25 a.m. EDT, Alphabet stock was up 9.7%.

Image source: Getty Images.

Source Fool.com

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