Internet Financial News
Newsletter SampleFREE IFN Newsletter



Google Stock Plummets, Falling 25%

By: Nathan Weinberg
2008-01-25

Googles stock price has had a terrible month, dropping from $710 on December 26 to $548 on January 23. From the stocks all-time high of...

...$741 on November 6, it had lost 27.68% of its value, well over $50 billion in market capitalization just gone. While the NASDAQ and other tech companies all had a rough start to the year, Google has out-plummeted them all, and failed to recover as well. The stock has rebounded, up $26 yesterday and $8 so far today, but itll be tough to fix a slam this bad.

Id leave record highs for GOOG out of your forecasts for the near future, if I were you.





Comments

Tag:

Add to Del.icio.us | Digg | Reddit | Furl


About the Author:
Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines.

Visit the InsideGoogle blog.


Titan Quest Forum Nintendo Wii Graphics Forum
Halo 3 Forum Mac Software

Latest News