Google-owner Alphabet's shares fall on rise in costs

Google-owner Alphabet's shares fall on rise in costs

6 years ago
Anonymous $CLwNLde341

https://www.reuters.com/article/us-alphabet-results-research/google-owner-alphabets-shares-fall-on-rise-in-costs-idUSKBN1HV22Y

Shares of Google parent Alphabet Inc lost more than 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.

Google-owner Alphabet's shares fall on rise in costs

Apr 24, 2018, 10:12pm UTC
https://www.reuters.com/article/us-alphabet-results-research/google-owner-alphabets-shares-fall-on-rise-in-costs-idUSKBN1HV22Y >Shares of Google parent Alphabet Inc lost more than 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.