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The Department of Justice sued Google on antitrust grounds this morning - and Google's stock is up $30/share. Why?

Asked by elbanditoroso (33173points) October 20th, 2020

I’m would have expected it to go down, not up.

Here’s my theory:

- it will take years – if ever – to be litigated and have something happen

- the DOJ case is pretty weak

- Google is worth more broken up into mini-companies than it is as one big company

What are other reasons why Google’s stock is going up, not down?

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