Internet giant Alphabet lost more than $166 billion in market cap today, marking its largest one-day loss in value ever.
The Class A shares of Google's parent company finished down more than 9%, a day after the company reported its latest quarterly results. Alphabet recorded the fifth-largest loss of market cap for a U.S. company ever, according to Dow Jones Market Data, and the largest all year. Alphabet's A shares are up 42% this year.
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