Google faces possible second EU fine, Alphabet shares dip

** Alphabet GOOGL.O shares dipping 0.4% on Thurs after report the EU drafting second fine for its Google unit under Digital Markets Act
** Second fine would follow recent 2.95-bln-euro ($3.45 bln) penalty for favoring own ad tech services over rivals
** New charges focus on Google vertical search engines, with Commission saying co gave unfair advantage to own services
** GOOGL stock up ~30% YTD, outperforming Nasdaq .IXIC which is up 16%

** Stock down about 3% since notching a record high close on Sept. 19
** Stock recently at 24x expected earnings, just above 5-yr avg PE of 22