Alphabet's No. 2 Contract Surges to 69.5% on Apple's WWDC Slide
Alphabet's June 30 contract stands at 69.5% as of Wednesday morning, up 16.5 points in 24 hours as Apple's post-WWDC retreat opened the No. 2 market-cap gap.
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Alphabet's contract to hold the No. 2 market-cap slot globally on June 30 stands at 69.5% as of 07:48 UTC Wednesday, 16.5 points higher than 24 hours earlier and off a session low of 0.48. The repricing began as Apple shares, which had already reversed from a $317.40 WWDC intraday record on June 8, continued falling toward approximately $290 on June 9 — handing Alphabet a lead it had not held comfortably for months.
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