Alphabet shares fall 3% after Q4 revenue miss

Tuesday, 04. February 2020 15:39

Shares of Google-owner Alphabet Inc. fell over 3% on Tuesday after the tech giant reported worse-than-expected results for the fourth quarter of 2019.

After markets closed on Monday, the company said its revenue in the final three months of 2019 amounted to $46.07 billion, growing 17% year on year but missing market estimates.

Alphabet's stock slid 3.64% to $1,428.1285 at 9:38 am ET.

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Breaking the News / NP