Why Is Alphabet (GOOGL) Down 2.7% Since Last Earnings Report?
GOOGLAlphabet(GOOGL) Zacks Investment Research·2024-03-01 01:36

A month has gone by since the last earnings report for Alphabet (GOOGL) . Shares have lost about 2.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Alphabet due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Alphabet Q4 Earnings & Revenues Beat, Increase Y/YAlphabe ...