Alphabet Lost $294 Billion in One Brutal Day — Almost an Entire Palantir
Alphabet delivered its best quarter ever and lost $294 billion of market value the next day, the largest single-session wipeout in company history.
Alphabet had its best quarter ever, but investors got worried anyway and the stock price dropped a lot the next day. When a company does really well but the stock still falls, it means people might be concerned about what happens next—so watch what the company says about the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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