Alphabet stock refers to the common stock of Alphabet corporation, the parent company of Google. Google's founders established the significant company around 2015 to handle a variety of divisions related to the company's search technology and other products.

Alphabet shares would be available in two varieties: Class A shares and Class C shares. Both would be traded on Nasdaq under the symbol letters GOOGL for Class A stocks and GOOG for Class C stocks.

Alphabet stock refers to a class of shares issued by a corporation, typically representing a different class of ownership than the common stock. The most notable example of alphabet stock is found with Google's parent company, Alphabet Inc. In 2015, Google reorganized its corporate structure and established Alphabet as a holding company, with Google becoming its largest subsidiary.

Alphabet stock consists of two classes: Class A shares (GOOGL) and Class C shares (GOOG). Class A shares come with voting rights, allowing shareholders to have a say in corporate decisions, while Class C shares do not carry voting rights. Instead, Class C shares are primarily intended for investors who are interested in owning a stake in the company without having a say in its management.

The creation of alphabet stock allows companies to tailor their share classes to meet specific strategic goals, such as maintaining control while raising capital or providing different investment opportunities for shareholders.