Reported about 6 hours ago
A new research report suggests that Alphabet may need to be broken up to maximize shareholder value. Analyst Gil Luria argues that the company's conglomerate structure is limiting its valuation, drawing parallels with companies like Xerox and GE that lost their edge by becoming too large. Following a recent legal ruling against Google for monopolizing the search engine market, Luria estimates that a breakup could elevate Alphabet’s stock price from around $260 to $300, but emphasizes that the decision depends on the company's founders.
Source: YAHOO