Google stock from 2018Q3 to 2020Q3

What happened to Google stock (GOOGL) from 2018Q3 to 2020Q3?

Takeaway

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.

Sources :

•  Data is from IEX Cloud.
  30 days moving average is applied to returns to remove nonsignificant variations (noise) to focus on trends.
• https://www.theguardian.com/technology/2019/apr/29/google-alphabet-shares-quarterly-earnings
• https://www.cnbc.com/2019/06/03/alphabet-shares-drop-as-justice-department-reportedly-prepares-for-google-antitrust-probe.html
• https://www.fool.com/investing/2019/08/11/why-alphabet-stock-rose-125-in-july.aspx
• https://www.washingtonpost.com/technology/2020/04/28/google-revenues-up-amid-coronavirus-crisis/

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