Alphabet's Class A shares posted their steepest one-day drop since the company went public, after search revenue growth slowed and capital spending surged. Bank of America now values Google search at about 10 times earnings.
Alphabet shares fall 12.6 percent in worst day since 2004 listing
Alphabet's Class A shares posted their steepest one-day drop since the company went public, after search revenue growth slowed and capital spending surged. Bank of America now values Google search at about 10 times earnings.
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