What happened to Google stock (GOOGL) from 2018Q3 to 2020Q3?
Despite some majors events, Google remains relatively stable these two last years with a 17% return last year and 40% over the two last years. Google began 2019 with legal issues regarding anti-trust and privacy concerns. 2020 was set with coronavirus that affected business and thus Google. As a major tech company, Google was able to regain market confidence by launching and reinforcing new products and new markets like google cloud and google services.
- Data is from IEX Cloud.
30 days moving average is applied to returns to remove nonsignificant variations (noise) to focus on trends.
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