Alphabet's Trading Volume Drops 28.97% to $5.245 Billion Amid Layoffs and Market Recovery

On April 11, 2025, Alphabet's trading volume reached $5.245 billion, marking a 28.97% decrease from the previous day. The company's stock, Google A (GOOGL), rose by 2.83%.

Alphabet's stock price has been on the rise today, driven by a combination of factors including layoff news and broader market recovery momentum. The tech giant recently laid off hundreds of workers in its platforms and devices segment, a move that investors view as a fiscally disciplined approach amidst an uncertain macroeconomic outlook. This news comes as the broader market sees recovery momentum following substantial sell-offs the previous day.

The layoffs, which affected key products such as Android software, Chrome web browser, and Pixel devices, are part of an ongoing restructuring effort aimed at streamlining operations. Despite the job cuts, investors seem to be moderately positive on the news, as it signals Alphabet's commitment to fiscal discipline.

Looking ahead, Alphabet's stock is valued at approximately 17.4 times this year's expected earnings, which some analysts consider cheaply valued by conventional metrics. However, the company's exposure to the Chinese market and macroeconomic uncertainty suggest that shares could continue to see volatile trading in the near term.