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Alphabet (GOOGL) Soars as Massive $35B Capital Raise Surpasses Market Expectations

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Alphabet successfully raised $35 billion through an underwritten public offering, bringing its recent total fundraising to $85 billion.
  • The capital raise exceeded initial market expectations, signaling robust institutional demand for the parent company of Google.
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GOOGL price history

338.50 +6.53% over the displayed period

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