Alphabet Stock Price Today (GOOG)
2023.02.08 15:29
California (USA) is home to Alphabet Inc., a holding company. owns a number of companies that were once owned by Google Inc., including Google Inc.
According to Forbes magazine, he topped the list of the 500 best employers worldwide in 2018. The business was ranked 11th on the Forbes Global 2000 list of the largest publicly traded companies worldwide for the year 2022. According to the Fortune 500 list, Alphabet ranked eighth among the largest US companies by revenue in 2022.
The official announcement of Google’s reorganization into Alphabet came on August 10, 2015, and it was completed on October 2, 2015. All Google shares have been converted into Alphabet shares, and they are still traded on the NASDAQ under the ticker symbols GOOGL and GOOG (Class A shares, which have one vote, and Class C shares, which do not have any voting rights).
Additionally, Class B shares provide holders with ten votes. Only Google founders Larry Page and Sergey Brin, in addition to former CEO Eric Schmidt, own shares in this class.
Alphabet overtook Apple as the world’s largest company by market capitalization on February 1, 2016. However, Apple’s value once more prevailed two days later. On May 15, Alphabet regained its position as the world’s largest company by market capitalization.
