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August 10, 2015 09:52 pm GMT

Google Shares Spike 6% After Alphabet Restructuring

google-earnings2Google just announced a big restructuring of the company, sending shares up about 6% in extended trading.After the announcement, shares of Google rose 5%, but have since risen even further. As part of the restructuring, Larry page is now the new CEO of a parent company called Alphabet, while Sundar Pichai will be CEO of Google. According to a regulatory filing, Google’s business… Read More

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