Google Bandwagon Creaks On
- Loading Comments...
The Google (GOOG Quote) pain subsided a bit Wednesday, as fans of the search engine predictably rallied to its cause.
Shares in the Internet's latest, greatest highflier dropped 9% the morning after an earnings shocker. While Wall Street had expected the company to make $1.76 a share, Google made just $1.54, saying taxes were killing it.
But steep as it was, Wednesday's selloff seemed positively orderly next to the vibrant selling that accompanied Tuesday evening's report. Stunned investors sent the stock plummeting 17% in postclose action, surrendering gains dating back all the way to Halloween, before Google trimmed its losses late in the after-market session. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |


Connect with TheStreet