Google share price collapses: Alphabet stock down by 2.5% as social media outage hits

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Google share prices have declined today, showing a 2.5 percent decrease in market value.  The news comes amid a social media outage that sees Facebook, Instagram and Whatsapp down for users across the country. 

Shares in Alphabet, the parent company of Google and several former Google subsidiaries, fell by 2.5 percent today. 

At the beginning of trading today, Alphabet’s price stood at $2,719.21 before plummeting. 

As of 8.05pm, the shares current value stands at $2,664.83. 

The largest decline was seen at 11am (EST time) today when the figure stood at $2621.64. 

The company’s share price has steadily started to increase following the drop earlier today. 

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