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Alphabet Share Prices Drops on Earnings Report

Friday, Nov 01 2019
News
Written by  CMO Tech News Staff
Alphabet Share Prices Drops on Earnings Report

Shares of Alphabet fell more than 2% in after hours trading following the company reporting that it generated $10.12 per share in profits, which was $2.34 less than expected. So reports CNBC.

Bullish traders, however, identified numerous appealing Alphabet characteristics, including the company’s cloud business growing 33% year over year and the more than 1 billion Google Maps users who have yet to be monetized.

Read the full article from CNBC.

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