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Google Avoids DOJ Breakup Order, Fueling Alphabet Stock Rally

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Alphabet shares advanced after a federal judge rejected the Justice Department's request to force Google to divest its online ad business, AdX.
  • The decision marks the second time Google has avoided a court-ordered breakup, eliminating major regulatory overhang on its core digital advertising revenue stream.
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GOOGL price history

342.87 +7.36% over the displayed period

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