Alphabet Inc., the parent company for web giant Google, saw a slight decline in its stock prices Wednesday, following Tuesday’s shooting at YouTube‘s campus in Silicon Valley. During the first hour of trading, Alphabet saw a 17 percent decline with $1001.47 per share. The stock prices follow a week of problems in technology business including President Trump’s feud with Amazon and Facebook‘s scandal with Russian operated media companies misusing customer data.
The shooting at Alphabet-owned YouTube’s California-based headquarters left four injured and the female suspect dead. The incident is under investigation. YouTube CEO Susan Wojcicki addressed the situation on her personal Twitter account. Tim Cook, Apple CEO, gave words of comfort to YouTube and its employees.
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There are no words to describe how horrible it was to have an active shooter @YouTube today. Our deepest gratitude to law enforcement & first responders for their rapid response. Our hearts go out to all those injured & impacted today. We will come together to heal as a family.
— Susan Wojcicki (@SusanWojcicki) April 4, 2018
From everyone at Apple, we send our sympathy and support to the team at YouTube and Google, especially the victims and their families.
— Tim Cook (@tim_cook) April 3, 2018