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Alphabet Has Its Worst Day Since Listing on Wall Street

Shares of Google parent Alphabet had their worst day since the company started trading on the US stock market, and the broader market fell on the same day. The Wall Street market report also lists the top and worst performing stocks.

Context

Context: Alphabet owns Google and is one of the largest companies on Wall Street, so its share price can pull major indexes like the S&P 500 and Nasdaq. Big single-day drops like this are rare for it and can shake investor confidence.

Economic Times
Burning Potato score: 63%

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