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Google shares dropped 18 percent during the first month of 2007, falling to $526.53 after a conference call reporting lower profits and sales than expected.
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Google | [[ Google Shares Top $700]] | Sergey Brin and Larry Page
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Google Stock Drops News
- Topix.net: Google Stock Drops
- Google News: Google Stock Drops
- Bloomberg.com: Google Profit Trails Estimates as Advertising Slows (January 31, 2008)
- Google's fourth quarter indicates that Web use may be slowing down as the economy dips. The number of U.S. Internet queries overlal dropped almost 4% in January of 2008.
- FT.com: "Social network sites slow Google" (January 31, 2008)
- Google blamed the slump in shares to a decrease in "clicks" on web advertisements and an inability to effectively monetize social networks.
- Wired: Epicenter: Google Misses Wall Street Estimates, Stock Gets Socked (January 31, 2008)
- Google CEO Eric Schmidt: "I want to call out strong international growth. More than half search traffic is outside the U.S."
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Questions and Answers About Google Stock Drops | View All | Ask a Question
View All Google Stock Drops Questions (1421) | Ask a QuestionWhat was the Marriott stock symbol in 1975 (1 Answer)The Marriott Corporation ran between 1927 and 1993 until it split into two entities, one being Mariott Hotels. Marriott International formed in 1997, this is what currently holds the symbol ... read moreIs Google weathering the storm? (1 Answer)(a disclaimer, out of respect for the community: I own Google stock) I do think that Google is going to do fine through this recession. I don't think they look ... read moreDid Google suffer from the economic slowdown? (1 Answer)I think that Google did suffer from the recession, but not as much as other companies, and not as much as they themselves could have suffered. Google's growth over the ... read moreWhat were you doing when the ball dropped? (14 Answers)Watched ABC's Dick Clark's New Years Rockin' Eve. Saw the Clinton's press the button, watched the ball drop, kissed my wife and kids, sent them to bed, typed out this ... read more
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Google Stock Drops Blogs and Commentaries
- Google Blog Search: Google Stock Drops
- SeekingAlpha: Google's Numbers Fall Short (January 31, 2008)
- Silicon Alley Insider: Google Misses Revs/EPS...and Pulls Out the "Display" Card (January 31, 2008)
- Valleywag: Live Coverage: Google's Fourth-quarter 2007 Earnings Call (January 31, 2008)
- Matthew Ingram: Google: We’re going under — sell, sell! (January 31, 2008)
- Paris Lemon: Google Profit Rises 17%, Stock Tanks (January 31, 2008)
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