Public Investment Fund Dissolves Share Stake In Alphabet
Portfolio Pulse from Benzinga Newsdesk
The Public Investment Fund (PIF) has dissolved its share stake in Alphabet, the parent company of Google.
May 15, 2024 | 3:09 pm
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The Public Investment Fund (PIF) has dissolved its share stake in Alphabet, which could lead to short-term volatility in Alphabet's stock price.
The dissolution of a significant share stake by a major investor like PIF can lead to short-term selling pressure and volatility in Alphabet's stock price.
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