Will Alphabet Reach $3,000 a Share? By StockNews
Alphabet is the most powerful company in the world, and it is also a leader in many of its services. The stock has continued to rise in value. The stock is currently at $2856 and close to $3,000 per shares. Will it ever reach this level in the future? Learn more.Alphabet went public on August 16, 2004 for $54.16 per shares. A single GOOGL share is now worth $2856. Since hitting the stock market, it has risen 5,175.4%.
GOOGL is currently being debated over whether it should be divided into different businesses. It’s similar to President Reagan breaking up Ma Bell during the 80s. The President Biden hasn’t indicated that he will consider such a drastic step.
GOOGL has 244 mergers and acquisitions as of September 2021. GOOGL’s android operating system currently runs on 73% all smartphones. GOOGL remains the market leader in online searches with 94%. GOOGL could be split into many companies to compete in the spirit and freedom of enterprise.
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