Alphabet's stock passes $1,000 for first timeStaff Writer | June 5, 2017
The stock price of Alphabet, the parent company of Google, surpassed the $1,000 per share milestone Monday morning.
Technology Class A stock price
Last Tuesday, shares of Amazon broke through $1,000 for the first time. Amazon has a market value of $478 billion.
Alphabet's market value is now about $680 billion, second only to Apple at more than $800 billion.
On Monday, analyst Andy Hargreaves suggested investors buy Alphabet instead of Apple because of the potential for iPhone sales to decline in 2019. ■