Alphabet Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock
GOOGM · Nasdaq
- $48.17
- $602.57B
- Open
- —
- —
- $0.00 - $0.00
- $46.24 - $53.13
- —
- —
- 10.56M
About Alphabet Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock
Alphabet operates Google and related businesses, while GOOGM represents depositary shares tied to Alphabet’s 6.25% Series A mandatory convertible preferred stock. Alphabet makes most of its money from advertising across Search, YouTube, and its broader network, with Google Cloud providing a smaller but significant recurring-business contribution and subscriptions, platforms, devices, and other activities adding further revenue. Its customers include advertisers, cloud and enterprise users, consumers, developers, and content partners. Alphabet reports substantial scale: fiscal 2025 revenue is $402.8 billion and net income is $132.2 billion, versus $350.0 billion and $100.1 billion, respectively, in fiscal 2024.
Notable Price Movement
- Sep 14-18$49.272.28%
GOOGM rose 2.18%, from $48.22 to $49.27, with nearly all of the net gain arriving on September 14 as volume surged to 10.56 million shares from 1.35 million on September 11. The move followed declines to $47.39 on September 9 and a partial recovery to $48.17 on September 11, so the week included a material mid-period reversal rather than a steady advance. The supplied evidence does not identify a GOOGM-specific earnings release, guidance change, or analyst action driving the move. Instead, available coverage links Alphabet’s strength to broader investor interest in artificial-intelligence concerns, while the unusually heavy final-day volume suggests a market-wide or security-specific trading catalyst that the evidence does not specify.
- Sep 7-11$48.170.10%
GOOGM fell $0.38, or 0.78%, over the period, from $48.46 to $48.08. The preferred depositary shares dropped 1.42% to $47.77 on September 1, then recovered over the next two sessions, including a 1.06% gain to $48.59 on September 3. They gave back most of that rebound on September 4, closing at $48.22, before slipping to $48.08 on September 8. The supplied evidence does not identify a company-specific announcement that explains the move or establish that the Pixel Tablet discontinuation, nuclear-power agreement, or AI-chip commentary affected GOOGM. No broader market benchmark or macro catalyst is supplied, so the week appears to have been modest trading without an identifiable catalyst.
- Aug 31 - Sep 4$48.221.81%
GOOGM finished the week unchanged at $48.59, a net move of $0.00, but trading was volatile within the narrow range. The depositary shares fell from $49.11 on Friday, August 28, to $48.46 on Monday and then $47.77 on Tuesday before recovering to $48.08 on Wednesday and $48.59 on Thursday. Volume increased sharply on Monday and Thursday, but the supplied evidence does not establish a company-specific catalyst or guidance change behind those moves. Headlines referenced Alphabet avoiding another business-breakup attempt and continued pressure around Google, while broader reports described softer U.S. markets and bond-yield concerns elsewhere. Overall, GOOGM moved without a clearly attributable weekly catalyst and ended where it began.
- Aug 24-28$49.110.24%
GOOGM fell $0.03, or 0.06%, from $48.62 on August 20 to $48.59 on August 27. The security opened the week with a $0.35 gain to $49.34 on August 24, then reversed: it slipped to $49.22 Tuesday, dropped another $0.48 Wednesday to $48.74, and declined $0.15 Thursday. The reversal erased nearly all of Monday’s advance. Trading volume was especially heavy Tuesday and Wednesday, at 4.08 million and 3.25 million shares, respectively, before falling to 424,340 shares Thursday. The supplied evidence identifies no company-specific announcement or market-wide catalyst that explains the move, so GOOGM appears to have traded with a material midweek reversal but without an attributable news driver.
- Aug 17-21$48.990.61%
GOOGM fell $0.76, or 1.54%, over the week, from $49.38 to $48.62. The depositary shares declined on Monday and Tuesday, edging from $49.03 to $48.85, recovered slightly to $48.96 on Wednesday, then gave back that gain with Thursday’s 0.69% drop on higher volume. No company-specific announcement directly affecting GOOGM appeared in the supplied evidence. Trading instead occurred against mixed Alphabet- and AI-related headlines: coverage highlighted Marvell’s custom-chip agreement with Google and Google’s option to buy up to $12.2 billion of Marvell shares, while separate reporting focused on GOOGM’s 6.25% coupon and payments ending in 2029. The week’s thin Wednesday volume and heavier Thursday volume also suggest uneven trading activity.
- Aug 10-14$49.292.11%
GOOGM fell $1.45, or 2.78%, from $52.09 to $50.64 over the supplied trading sequence. The move was not explained by a dated, company-specific announcement in the evidence. After rising to $52.58 on August 4, the depositary shares reversed sharply on August 5 to $51.11, then continued lower through August 7 before a modest rebound on August 10. Trading was heaviest on August 3 and August 5, at roughly 2.0 million shares each, while the final session’s volume was only 177,332. Articles about Alphabet’s products, a BNP Paribas Asset Management $95.4 million position, and the preferred-share terms provide background but no explicit weekly catalyst. No broader market driver is supplied.
- Aug 3-7$50.350.38%
GOOGM rose $4.12, or 8.50%, from $48.46 to $52.58 over the reported period. Trading was quiet through July 30, when the depositary shares closed at $48.59, before a sharp move to $50.16 on July 31 and further gains to $52.09 on August 3 and $52.58 on August 4. Volume increased to 2.84 million shares on July 31 and 2.01 million on August 3, then fell to 588,103 on August 4. The supplied evidence does not identify a direct company-specific catalyst or explain the late-week acceleration. A reported $237.3 million GOOGM position opened by Calamos Advisors may have supported sentiment, but its timing and market impact are not established. Broader market context is not provided.