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Google’s stock split won’t matter in a recession, analyst says

Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect.

The internet giant’s more active Class A stock GOOGL dropped 2.2% in afternoon trading, reversing an earlier intraday gain of as much as 1.7%, while the Class C shares GOOG shed 2.3%.


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