Tag: market value

• Friday, January 17th 2020 - 10:23 UTC

  Google-parent Alphabet reaches plus US$ 1 trillion market value: time to cash on the extraordinary gains?

  

  As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

• Tuesday, January 29th 2019 - 08:36 UTC

  Vale's market value plunges US$ 16,4bn on Monday, following on the dam burst

  

  Brazilian miner Vale SA’s shares plunged on Monday, wiping out nearly 62 billion reais (US$ 16.4 billion) in market value, after a tailing dam collapse on Friday killed at least 65 people and left 292 missing with slim hopes for recovery. Vale shares were down 21.5% in Sao Paulo morning trading, at 44.70 reais. The company suspended dividend payments late on Sunday.