Alphabet revenues are up 22% but the stock is still dropping

Alphabet revenues are up 22% but the stock is still dropping

Despite delivering a Q4 earnings revenue beat, Google parent company Alphabet’s stock is seeing a bit of a drop. The massive search company reported revenue of $39.3 billion, up 22 percent year-over-year with an EPS of $12.77. Alphabet stock dropped more than 2 percent in after-hours trading. The company’s beat of analyst estimates would have been a …