Google stock from 2018Q3 to 2020Q3

What happened to Google stock (GOOGL) from 2018Q3 to 2020Q3? Google cloud and services are the main rising forces after justice and pandemic.

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

google stock 2018Q3 to 2019Q3

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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