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Barchart
Mark R. Hake, CFA

Huge Call Volume in GOOG and GOOGL Today Signals Some are Still Bullish

Google Alphabet

Alphabet (GOOG, GOOGL) released mixed earnings yesterday to disappointed investors. GOOG and GOOGL stock have both taken hits. But the huge volume today in its calls signals some think the drop today is overdone.

The company said its revenue rose 11% year over year to $76.93 billion from $69.09 billion a year ago. But this was disappointing as the market had been forecasting revenue of $85.15 billion, according to Seeking Alpha.

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