Google Parent Company In Bear Territory, Down 35% From Highs: Should Investors Be Eyeing Alphabet Comeback?
GOOGAlphabet(GOOG) Benzinga·2024-09-14 00:28

Google parent company Alphabet Inc‘s GOOGL GOOG shares have seen better days. The stock has plummeted 35% from its all-time highs, landing it squarely in bear market territory.Among the tech giants, Alphabet’s downturn is more severe than most, leaving investors wondering if it's time to buckle up for a rebound or remain cautious.Alphabet Stock In Deep Bearish WatersTechnically speaking, Alphabet stock is deep in bearish waters. The stock is trading below its five, 20- and 50-day exponential moving averages ...