They added $80 out of a $4.5T market cap, which means redistributing ~1.67% of value from shares outstanding to the new shares.
So being down 1.7% is literally exactly what you'd expect.
They added $80 out of a $4.5T market cap, which means redistributing ~1.67% of value from shares outstanding to the new shares.
So being down 1.7% is literally exactly what you'd expect.
Not at all since the company is also +80bn cash.
Only if shareholders think google is gonna light the money on fire