So on April 2, 2014 Google created an entirely new class of share and issued them to shareholders as a type of stock dividend. Google’s stock price performed positively after the IPO. . Waymo, formerly Google's self-driving car project, has made aggressive strides of late, receiving regulatory approvals, improving driving systems and partnering with other auto manufacturers. It helps to understand the difference between Alphabet’s share classes. account day-to-day movements in market value compared to a company’s liability structure. The class B shares are held by Alphabet founders and insiders. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA. Alphabet’s class B shares aren’t publicly traded. Apple implemented a 4-for-1 stock split that lowered the price of Apple shares to $125 per share from $500 previously. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. That assessment values Waymo at about $20 billion, "given industry uncertainty and investors' lower willingness to pay for cash-burning entities. GOOGL shareholders have voting rights at one-share-one-vote, while GOOG shareholders don't have any voting rights. Data is a real-time snapshot *Data is delayed at least 15 minutes. With both GOOGL and GOOG stocks trading above $1,500, many investors have wondered whether Alphabet will split its stock. They wanted to try and avoid what was happening at Yahoo in 2014, where an activist shareholder got upset and tried to install its own board members and influence strategy. "Over the past year, there have been a series of hurdles relating to the commercialization and advancement of autonomous driving technology," the analysts wrote. The GOOGL stock symbol represents Alphabet’s class A shares, while the GOOG stock symbol represents Alphabet’s class C shares. Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. Source: FactSet. Like many technology companies, Alphabet doesn’t pay a dividend right now. After the stock split both stocks continued to break records and hit all time highs. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s Dividend). WAYMO is part of the Communication Services business sector. Essentially a 2 for 1 stock split. Made In NYC | A Division of NBCUniversal. If someone owned one share of Google they would now get two shares of Google stock, and the price of each share will be half the price of the current shares. We want to hear from you. The other difference between Alphabet’s class A and class C shares is that the GOOG stock price sometimes trades at a discount to GOOGL stock. The main difference between GOOGL and GOOG shares is voting rights. Alphabet’s Google is among the world’s top cloud companies. Today the company is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG, and on the Frankfurt Stock Exchange under the ticker symbol GGQ1. Five years ago today, we completed the world’s first fully driverless ride on public roads. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube.