Alphabet Stock Faces Historic Post-Earnings Rout -- WSJ
Dow Jones2026/10/29 10:00By WSJ Staff
Alphabet shares are down about 10% in premarket trading after its revenue came in lighter than analysts expected.
-- Such a move would be their biggest percentage drop since the early days of the Covid pandemic.
-- It puts the stock on course to lose about $400 billion in market cap, according to Dow Jones Market Data.
If the stock falls more than 9.77% today, it will be the search giant's worst earnings reaction day in its history as a public company, according to Bespoke analysts.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 29, 2026 06:00 ET (10:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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