Hedge-fund manager Dan Niles told CNBC that the problem with Alphabet is it's not explaining to investors why it missed revenue numbers.
Alphabet shares tumbled on Tuesday after the company reported disappointing quarterly revenue.
Dan Niles of AlphaOne Capital Partners said that the problem for Alphabet is the company doesn't provide sufficient details about why it misses expectations.Sundar Pichai, CEO of Google, speaks to the media before the opening of the Berlin representation of Google Germany in Berlin on January 22, 2019.
"It's a black box," Niles, founding partner at AlphaOne Capital Partners, told CNBC's Halftime Report. "When something goes wrong, you want an explanation. You're not getting one."
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