[funsec] "Spyware" causes Google stock to tumble 5% in one day
Richard M. Smith
rms at computerbytesman.com
Wed Feb 27 09:54:55 CST 2008
The folks at ComScore (http://www.securityfocus.com/brief/381) are now in
the perfect position to short Google stock......
Google stock price sinks on Internet ad-slump fears
17 hours ago
SAN FRANCISCO, Feb 26, 2008 (AFP) - Google's stock price sank Tuesday in the
wake of a report hinting that boom times may be over for the Internet
darling's money-making online advertising.
The number of click ads in January was essentially the same as it was in the
same month a year earlier, and dipped seven percent from December, a month
known for major holiday shopping, according to industry-tracker comScore.
Google's stock price dipped below 448 dollars per share on Tuesday but was
462.55 dollars in after-hours trading at 23h00 GMT, representing a five
percent drop for the day.
Investors evidently fear the comScore figures signal an end to Google's
years of exponential revenue growth.
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