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Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) stock is down more than 13% since the end of January and has now entered oversold territory.
What To Know: Alphabet’s relative strength index fell to 29.17 on Thursday, its lowest since September 2024. The stock’s RSI rebounded slightly on Friday to 29.51 at the time of publication, but remains below the 30 level traditionally used to mark a stock as “oversold.”
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The company faces multiple headwinds that may have sent investors running for the exit. Here’s a look at some of Alphabet’s recent challenges:
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