Alphabet share price dips 5% this week. Erodes $200 billion Mcap of Google brand owner

The multinational technology conglomerate and Google’s holding company, Alphabet Inc., shares have lost 5 per cent this week, wiping off nearly $200 billion in market capitalisation, according to stock market data.

As of February 7, Alphabet’s market capitalisation stands at $2.35 trillion, compared to $2.5 trillion on February 1, according to data collected from Companymarketcap.