Why Is Google Stock Down Today? Negative Free Cash Flow And Weak AI Search Ads
Photo: Coinpedia
Alphabet shares fell about 10% before Thursday’s open, putting the Google owner on track for its biggest earnings-day loss since listing in 2004. A close down more than 9.77% would set that record. Investors reacted to a free cash outflow of $9.07 billion in the third quarter, far deeper than the $2.70 billion expected.
Source: Coinpedia
