Google Parent Alphabet Beats Q3 Revenue Estimates, But Profit Miss Hits Shares

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Google Parent Alphabet Beats Q3 Revenue Estimates, But Profit Miss Hits Shares
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Google parent Alphabet saw its shares slide more than 1% in after-hours trading following the release of the tech giant’s third-quarter financial results. While the company exceeded Wall Stre…

saw its shares slide more than 1% in after-hours trading following the release of the tech giant’s third-quarter financial results.

Alphabet shares, which finished the regular trading day at $1,290, declined to about $1,273.75, but initially the damage was a bit worse as investors processed the numbers. Google has sought to reassure the public and investors, noting its co-operation with the probes and also its ability to navigate through previous regulatory scrutiny.

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