Alphabet’s Market Cap Rockets Past USD3T
(MENAFN) On Monday, Alphabet’s market valuation jumped over 3%, pushing its market capitalization beyond the $3 trillion milestone.
The parent company of Google saw its stock price reach $248.06 at 1510 GMT, with intraday trading peaking near $252.
Over the past year, Alphabet’s share price fluctuated between a low of $140.53 and a high of $252.41.
With this surge, Alphabet secured the position as the fourth most valuable company globally, trailing only Nvidia, Microsoft, and Apple.
Shares climbed earlier in September following a U.S. federal court decision that ruled Alphabet is not obligated to sell its Chrome browser in the ongoing antitrust case targeting Google.
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