Barclays Warns: Google Stock May Drop by 25% if Judge Orders Search Business Divestiture
2 week ago / Read about 0 minute
Author:小编   

A report compiled by Barclays analysts warns that should US Judge Amit Mehta mandate Google to sell its Chrome browser, the company's stock price could nosedive by a significant 15% to 25%. This potential scenario is being heralded as a "black swan event." This prediction stems from the context of Google losing an antitrust lawsuit, wherein the judge determined that Google holds a monopoly in the search engine market. The Department of Justice has advocated for the divestiture of Chrome as a means to dismantle this monopoly.