Google stock is losing a market capitalization the size of Nike in one of the five worst declines in Wall Street history
Published: October 25, 2023 at 16:58 ET Alphabet Inc.’s Wednesday stock sell-off. caused the fifth-largest one-day decline in market value of any U.S. company in history. Alphabets GOOG GOOGL shares fell 9.5% on Wednesday’s action, according to Dow Jones Market Data, wiping $166.64 billion in market value from Google’s parent company. The decline in market …