Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Alphabet Stock Faces Historic Post-Earnings Rout -- WSJ

Alphabet Stock Faces Historic Post-Earnings Rout -- WSJ

Dow JonesDow Jones2026/10/29 10:00

By 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)

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!