Alphabet’s Market Cap Rockets Past USD3T
(MENAFN) On Monday, Alphabet’s market valuation jumped over 3%, pushing its market capitalization beyond the $3 trillion milestone.
The parent company of Google saw its stock price reach $248.06 at 1510 GMT, with intraday trading peaking near $252.
Over the past year, Alphabet’s share price fluctuated between a low of $140.53 and a high of $252.41.
With this surge, Alphabet secured the position as the fourth most valuable company globally, trailing only Nvidia, Microsoft, and Apple.
Shares climbed earlier in September following a U.S. federal court decision that ruled Alphabet is not obligated to sell its Chrome browser in the ongoing antitrust case targeting Google.
The parent company of Google saw its stock price reach $248.06 at 1510 GMT, with intraday trading peaking near $252.
Over the past year, Alphabet’s share price fluctuated between a low of $140.53 and a high of $252.41.
With this surge, Alphabet secured the position as the fourth most valuable company globally, trailing only Nvidia, Microsoft, and Apple.
Shares climbed earlier in September following a U.S. federal court decision that ruled Alphabet is not obligated to sell its Chrome browser in the ongoing antitrust case targeting Google.
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