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Traders Gag on Google
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Updated from Jan. 31
Google's(GOOG Quote) fourth-quarter profit grew as revenue climbed 51%, but the company's results were below Wall Street estimates, sending its stock diving.
Shares of Google dropped 7% in premarket trading Friday to $525.
For the quarter, net income grew to $1.21 billion, or $3.79 a share, from $1.03 billion, or $3.29 a share, a year earlier. ...
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