Alphabet Shares Dip 5% As Justice Department Pushes Chrome Sale
Alphabet(GOOG) Forbes·2024-11-21 19:54
ToplineGoogle parent Alphabet’s shares fell more than 5% on Thursday, pacing for what would be the stock’s largest selloff in 10 months after the Justice Department requested Google to divest its Chrome browser to “permanently stop” the company’s monopoly over the search engine market.Federal officials said the divestment would “permanently stop” Google’s control over the search ... [+] engine monopoly.SOPA Images/LightRocket via Getty Images Key FactsShares of Alphabet dropped to just over $166 as of aroun ...