The post Alphabet Shares See Several Ups and Downs After Stock Split Takes Effect appeared first on theprimarymarket.com.
]]>The Class A surge wasn’t here to stay as GOOGL was in for several ups and downs later in the day. At one point, the shares dipped to $111.01 before bouncing back to $111.86 and hovering around that figure for the remainder of the day.
The company’s less-active Class C stock (GOOG) also saw a slight bump, going from a split-adjusted $112.77 close on Friday to $114.80 per share at one point. It later settled at around the $112 range.
Alphabet’s GOOGL stock was at its highest in November, trading at $2996.77 per share or split-adjusted $149.83. GOOGL is currently down 23.07 percent year to date.
Alphabet made a decision to initiate a 20-1 stock split back in February. At the time, the company said that it wanted to make its shares more available to individual investors. Several other big companies announced stock splits in recent months, including e-commerce powerhouse Amazon and electric car maker Tesla.
The post Alphabet Shares See Several Ups and Downs After Stock Split Takes Effect appeared first on theprimarymarket.com.
]]>The post Alphabet Shares See Several Ups and Downs After Stock Split Takes Effect appeared first on theprimarymarket.com.
]]>The Class A surge wasn’t here to stay as GOOGL was in for several ups and downs later in the day. At one point, the shares dipped to $111.01 before bouncing back to $111.86 and hovering around that figure for the remainder of the day.
The company’s less-active Class C stock (GOOG) also saw a slight bump, going from a split-adjusted $112.77 close on Friday to $114.80 per share at one point. It later settled at around the $112 range.
Alphabet’s GOOGL stock was at its highest in November, trading at $2996.77 per share or split-adjusted $149.83. GOOGL is currently down 23.07 percent year to date.
Alphabet made a decision to initiate a 20-1 stock split back in February. At the time, the company said that it wanted to make its shares more available to individual investors. Several other big companies announced stock splits in recent months, including e-commerce powerhouse Amazon and electric car maker Tesla.
The post Alphabet Shares See Several Ups and Downs After Stock Split Takes Effect appeared first on theprimarymarket.com.
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