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Technology Stocks : Alphabet Inc. (Google)
GOOGL 317.05+1.1%3:59 PM EST

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From: marc ultra8/18/2005 8:27:54 AM
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argh, GOOG selling up to 14.8 Mn shares to raise $4 Bln +.
early premarket about 276. I don't know why they want the cash, maybe have an acquisition in mind or want to buy more BIDU. Could be anything. I was under the impression the float had already become large enough so it wouldn't hinder S&P inclusion so I doubt that's a reason. They're certainly blindsiding people with this. I picked up a few more shares yesterday, probably not great timing.
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