Market Cap
24h Vol
7054
Cryptocurrencies
82490
Markets
CCN
2019-02-05 16:25:05

Investors are Dumping Google Stock Despite Higher Q4 2018 Revenues of $32 Billion

Google delivered higher than expected revenues and earnings per share in its fourth-quarter 2018 results. Yet Google stock dropped 3% in after-hours trading and fell over 2% in premarket trading. Google’s Profit Margin Tightens Analysts hoped that google-parent Alphabet would deliver $31.33 billion in revenue and earnings per share of $10.86. The internet behemoth delivered $31.85 billion and earnings per share above expectations at $12.77. Concerns grow over how Google, and others, use our data and share it with advertisers. The number of internet users choosing alternative browsers and engines, with less advertising, like Brave, is growing. But Google’s advertising The post Investors are Dumping Google Stock Despite Higher Q4 2018 Revenues of $32 Billion appeared first on CCN