Google's Shares Plummet 4.08% to Lowest Since April 2024 Amidst Volatile Trading

Google C (GOOG) shares experienced a decline of 4.08%, reaching their lowest price since April 2024.
On September 4, 2024, the interactive media and services company Google C (GOOG) reported a turnover of $2.76 billion, with the trading volume reaching 17.41 million.
The stock dropped 0.50% to $157.81 on the same day. Over the past five trading days, it fell by 4.07%, and in September, it has decreased by 4.42%. Year-to-date, the stock has increased by 11.98%, showing a 15.43% rise over the past 52 weeks.
Alphabet Inc., the holding company for Google and its various subsidiaries, including Google Fiber and Calico, was restructured in 2015. Originally founded in California in 1998, Google re-registered in Delaware in 2003. Alphabet operates across diverse sectors, including technology, life sciences, capital investment, and research.
On September 3, 2024, Google C (GOOG) recorded a turnover of $4.24 billion, marking an increase of 39.26% from the previous day, with a trading volume of 26.53 million. The stock declined by 3.94% to $158.61 on that day. Over the past five trading days, the stock dipped by 4.67%, and in September, it recorded a 3.94% drop. Year-to-date, it increased by 12.55%, with a 15.94% rise in the past 52 weeks.
Financial data indicates that as of June 30, 2024, Google C reported total revenues of $165.281 billion, marking a 14.47% year-over-year increase. The company's net profit attributable to the parent was $47.281 billion, reflecting a 41.48% year-over-year growth.
Notable upcoming events include Google's disclosure of its Q3 2024 financial results on October 22, 2024, based on the NASDAQ website's projected date.
On September 5, Google C (GOOG) saw a 1.3% rise at the opening, trading at $159.86 per share with a turnover of $1.77 billion.
This consistent financial performance underscores Alphabet Inc.'s robust position, driven by steady growth in its core sectors of internet search, cloud computing, and advertising technology.
The company continues to expand its vast array of internet-based products and services, maintaining a strong foothold in its diversified business portfolio.