Google could challenge for $2 trillion market cap after earnings, stock-split news

Google parent Alphabet Inc. headed toward a couple of elusive marks Tuesday evening, after disclosing earnings and plans for a stock split: A $3,000 share price and $2 trillion market cap.

Alphabet shares gained more than 9% in the extended session, which ended with Alphabet’s class A shares
GOOGL,
+1.73%

selling for $3,005 apiece and the class C shares
GOOG,
+1.61%

going for $3,013.83. The class A shares have never closed a regular trading session at more than $3,000 a share, though class C shares did once, on Nov. 18, 2021.

If those gains hold into and through Wednesday’s session, they would put Alphabet in contention for a $2 trillion market cap, after ending Tuesday’s session worth more than $1.8 trillion, though that trajectory could be changed by a new share count affected by quarterly…

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