Alphabet Stock Hits All-Time High After Judge Issues Ruling In Antitrust Case
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Alphabet Inc's stock reached an all-time high after a U.S. judge ruled that Google does not need to divest its Android operating system or Google Chrome in an antitrust case. The ruling, which concluded a five-year legal battle, stated that the plaintiffs overreached in their demands. Additionally, Google will continue its payments to Apple for preloading its products. Despite a requirement to share data with competitors, Alphabet shares rose 7.57% in after-hours trading, reaching $228.
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