Alphabet Holding, which includes Google, yesterday became the fourth US company whose market value exceeded $ 1 trillion. Previously, Apple, Amazon.com and Microsoft overcame this line.
The shares of the Internet search giant over the past three months have grown by almost 17%, while the S&P 500 index has grown only 11% over the same period. Alphabet shares rose 29% in 2019.
It is noteworthy that 1% of investors are betting on reducing the price of shares. This is the highest value in about a year. It is higher than that of competitors such as Microsoft and Facebook.
The Q4 2019 Alphabet Report will be released on February 3. In the previous quarter, the company did not reach the estimate of analysts for profit of about 1.7 billion dollars, although it exceeded expectations for revenue. As the subsequent increase in the value of shares showed, this had little effect on the optimism of investors regarding the company.