Is Google on its Way Down
January 23rd, 2008 by tad
I am not sure if Google itself is on its way down or not but its stock certainly is. I heard that Google’s stock dropped an unprecedented $50 per share yesterday. For any company that would be an incredible amount of money and could cost the company its financial future. For Google however that was less than a 10% drop of what the stock is actually selling at. Google stocks are selling at roughly $600 per share which is the highest amount that I have ever heard of any stock selling for. This big drop may have cost the shareholders some vacation money but I think overall Google will stand strong.
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