The Wall Street Skinny

Google’s $32 Billion Acquisition of Wiz: Why Investors Are Skeptical

By Kristen Kelly, Co-Founder of The Wall Street Skinny Last week, Google announced its largest acquisition ever: a $32 billion all-cash deal to acquire cybersecurity startup Wiz. You’d think such a massive investment in a high-growth sector like cloud security would get investors excited, right? But instead, Google’s stock dropped nearly 2.5% on the news. […]