Tuesday, 02 January 2024 12:17 GMT

Alphabet Crosses USD3 Trillion Market Value


(MENAFN) Alphabet’s total market capitalization advanced by over 3% on Monday, surpassing the significant $3 trillion benchmark.

The stock value of Alphabet, which owns Google, stood at $248.06 as of 1510GMT, though it briefly touched $252 during the trading session.

Over the past twelve months, Alphabet’s share price fluctuated between $140.53 and $252.41.

This development placed Alphabet in the fourth position among the globe’s most valuable corporations, trailing behind Nvidia, Microsoft, and Apple.

The company’s stock climbed in early September after a US federal court declared that it was not obligated to divest its web browser, Chrome, in connection with an antitrust case involving Google.

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