Why Alphabet Stock Is Under Attack

Shares of internet search giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) fell 5% in early trading on the Nasdaq Wednesday, probably because of press reports of new governmental action against the tech giant in Europe that emerged midday Tuesday.

As of 10:50 a.m. EST, shares of the Google parent company remain down 2.9%.

Image source: Getty Images.

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Source Fool.com