zachig
02-01-2006, 03:52 PM
For all you stock investors, Google stock took a dive. :(
"Due to the company's missing of analyst's expectations for the fourth quarter of 2005, Google's stock dropped more than $70 from $432 into the $350s. The drop briefly eliminated more $20 billion of Google's market capitalization of about $127 billion, before recovering slightly. At the end of last year, Google reported total revenues of $6.14 billion, an increase of 92.5% over revenues of $3.19 billion in 2004."
Read the FULL (http://www.techspot.com/news/20318-google-stock-takes-a-dive.html) article.
"Due to the company's missing of analyst's expectations for the fourth quarter of 2005, Google's stock dropped more than $70 from $432 into the $350s. The drop briefly eliminated more $20 billion of Google's market capitalization of about $127 billion, before recovering slightly. At the end of last year, Google reported total revenues of $6.14 billion, an increase of 92.5% over revenues of $3.19 billion in 2004."
Read the FULL (http://www.techspot.com/news/20318-google-stock-takes-a-dive.html) article.