At a glance
Alphabet lost $500 billion in overall value during a sharp stock decline.13
The drop was recorded as the company's worst single-day stock performance in at least 20 years.23
The steep fall represented a significant single-day loss of value for the company.13
Where sources agree
- Alphabet lost $500 billion in market value2 of 3
- The stock suffered its worst day in over 20 years2 of 3
Where sources differ
Was the drop the worst day in company history or in over 20 years?
Fortune reported the drop as the stock's worst day in over 20 years.2
CNBC reported the drop as the stock's worst day ever.3
Who covered this
Sources
Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.