
Shares of Google’s parent company just had their worst day ever. Here’s what it means
Alphabet, Google's parent company, experienced a historic stock market decline on Thursday, dropping more than 12 percent in a single day. This represents the worst trading day in the company's history, surpassing losses from both the 2008 financial crisis and the Covid-19 pandemic. The significant drop in share value signals major concerns among investors about the company's performance or prospects.
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