Google Stock Falls Again

Google stocks fell as much as 19 cents overnight.  According to Matt Drudge, Google lost $20 billion from it’s stock market value within a matter of hours.  Forbes says,

Tuesday’s disappointing financial report rattled previously bullish investors, causing Google’s stock price to plunge by more than 12 percent in a backlash that wiped out $16 billion in shareholder wealth.

The Mountain View, Calif.-based company said its net income nearly doubled from the previous year to $372.2 million during the final three months of 2005. 

Ouch.  I wonder if this has anything to do with it?

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Comments

[Cat]

Google has made it's bed and now gets to lay in it. ;)

[Nath]

DELETED