GOOGL (Class A) is back at a premium to GOOG (Class C). What happened?
Why is alphabet counted twice in top ten holdings across these index funds?
Alphabet Deserves A Better Valuation
GOOG Premium vs GOOGL
What industry is Alphabet (Class C) (GOOG) in?
GOOG is in the Internet Content & Information industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.
What sector is Alphabet (Class C) (GOOG) in?
GOOG is in the Communication Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.
What is Alphabet (Class C) (GOOG)'s payout ratio?
GOOG’s payout ratio is 0.06. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.
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I've long held both and when would add to my position, would do so in GOOGL. Fast forward a few years and for many recent years, GOOG (Class C) would sell at a premium, presumably because stock buybacks would be done on their Class C shares, and the value of a "vote" you get in GOOGL Class A was not of any value.
However, today, GOOGL has closed at a premium to GOOG (13 cents). Is this somehow related to the BRK disclosure of their investment in Alphabet? Is there suddenly a larger value being ascribed to the "vote" in GOOGL?