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Stock in Alphabet, Google’s parent, is up more than 40% over the past year.
Sean Gallup/Getty Images
Alphabet
crushed expectations and announced plans for a 20-for-1 stock split after the market closed on Tuesday. Investors liked what they saw.
The Google parent reported fourth-quarter sales of $75.3 billion, up 32% year over year, with earnings of $30.69 a share.
Analysts polled by FactSet had forecast earnings per share $27.68…
