Alphabet Stock Is Soaring on an Earnings Beat. The Company Is Finally Splitting Its Stock, Too.


Alphabet crushed expectations and announced plans for a 20-for-one stock split after the market closed on Tuesday. Investors liked what they saw.

The Google parent reported fourth-quarter sales of $75.3 billion, up 32% year over year, with earnings of $30.69 a share.

Analysts polled by FactSet had forecast earnings per share $27.68 share…

Alphabet shares pop 8% on big earnings beat, 20-for-1 stock split

Previous article

J.P. Morgan: These 2 Stocks Are Poised to Surge by at Least 40%

Next article

You may also like


Leave a reply

Your email address will not be published.

More in News