Alphabet shares surge over 6% after court rules against a breakup
Alphabet shares jumped more than 6% on Wednesday after a U.S. judge ruled against breaking up the Google parent, clearing a major regulatory overhang and putting the stock on track to add more than $170 billion to its market value.
The ruling on Tuesday by Judge Amit Mehta allows Google to retain control of its Chrome browser and Android mobile operating system, while barring certain exclusive contracts with device makers and browser developers.
