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Alphabet's market value fell by about $766 billion in October, Yahoo Finance reports. Shares of Google's parent company plunged nearly 19% in a month, its worst performance since its 2004 IPO. According to the publication, this is the second largest monthly decrease in the value of an American company in history, after the value of SpaceX decreased by 822 billion dollars in July.

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Alphabet's market value fell by about $766 billion in October, Yahoo Finance reports. Shares of Google's parent company plunged nearly 19% in a month, its worst performance since its 2004 IPO. According to the publication, this is the second largest monthly decrease in the value of an American company in history, after the value of SpaceX decreased by 822 billion dollars in July.

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