Alphabet hits $3 trillion in market capitalization for the first time

(Reuters) -Google-parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday.

Class A and Class C shares of the company were up 3.8% at $250, both trading at record highs.

(Reporting by Shashwat Chauhan in Bengaluru; Editing by Tasim Zahid)