Do Google's Antitrust Woes Make Alphabet Stock a Buy, Sell, or Hold?
Shareholders of Google's parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) are going through a rough patch. In the past year, Google lost two major antitrust cases aimed at the heart of its business.Last August, Google's search engine was deemed an illegal monopoly. Then in April, the tech giant suffered another legal defeat in an antitrust case involving its digital advertising business.Does this double blow signal it's time for Alphabet shareholders to sell their stock? Perhaps the prudent approach is holding shares and waiting out the storm.Continue reading
Shareholders of Google's parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) are going through a rough patch. In the past year, Google lost two major antitrust cases aimed at the heart of its business.
Last August, Google's search engine was deemed an illegal monopoly. Then in April, the tech giant suffered another legal defeat in an antitrust case involving its digital advertising business.
Does this double blow signal it's time for Alphabet shareholders to sell their stock? Perhaps the prudent approach is holding shares and waiting out the storm.
