January 31, 2006

Google Earnings Disappoint; Shares Plunge

So Google’s fourth quarter’s profit growth was only 82% and not the full 100% that analyists were expecting. So what do we do? Drop the share price 12% and erradicate 16 Billion in Market Cap.

The amount of shareholder wealth shed by Google during extended trading exceeds the current market value of General Motors Corp.

See: Google Earnings Disappoint; Shares Plunge

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