[ad_1]
Mubasher: Alphabit jumped 11% on Friday after the announcement by Google's parent company of results exceeding badysts' expectations.
The increase in Alfabit shares would represent the largest daily gain in almost four years.
Earnings per share nearly tripled to $ 14.21 in June from $ 11.10 expected, according to quarterly results.
The stock benefited from Google's advertising revenue rebound, which reached $ 32.60 billion in the second quarter, compared to $ 28.08 billion in the same quarter last year.
At 14:03 GMT, Alphabit rose 10.8% to 1,544.20 USD.
[ad_2]
Source link
