Why Alphabet Stock Stumbled Thursday Morning
Shares of (NASDAQ: GOOGL) (NASDAQ: GOOG) slipped on Thursday morning, falling as much as 3.8%. As of 12:32 p.m. ET, the stock was still down 2.7%.
The catalyst that sent the tech giant lower was troubling reports involving collisions within the company's Waymo self-driving car unit.
Reports emerged late yesterday that Waymo was forced to recall the software that controls its self-driving cars. The company noted that all the cars in its current fleet had been updated, but the cause of the recall was equal parts humorous and troubling.
Source Fool.com
Alphabet Inc. A Stock
€308.80
6.790%
The stock is one of the favorites of our community with 165 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 8.16% compared to the current price of 308.8 € for Alphabet Inc. A.
