Investors are Dumping Google Stock Despite Higher Q4 2018 Revenues of $32 Billion

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Google delivered higher than expected revenues and earnings per share in its fourth-quarter 2018 results. Yet Google stock dropped 3% in after-hours trading and fell over 2% in premarket trading. Google’s Profit Margin Tightens Analysts hoped that google-parent Alphabet would deliver $31.33 billion in revenue and earnings per share of $10.86. The internet behemoth delivered $31.85 billion and earnings per share above expectations at $12.77. Concerns grow over how Google, and others, use our data and share it with advertisers. The number of internet users choosing alternative browsers and engines, with less advertising, like Brave, is growing. But Google’s advertising

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