General Question
The Department of Justice sued Google on antitrust grounds this morning - and Google's stock is up $30/share. Why?
Asked by elbanditoroso (33550)
October 20th, 2020
I’m would have expected it to go down, not up.
Here’s my theory:
- it will take years – if ever – to be litigated and have something happen
- the DOJ case is pretty weak
- Google is worth more broken up into mini-companies than it is as one big company
What are other reasons why Google’s stock is going up, not down?
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