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GOOG drops below the $450 mark!!!
From over $700/share in the middle of December to under $450 right now. Amazing - over a 30% drop in 2 months.
http://www.marketwatch.com/quotes/goog |
Google shares sank 7.7% after data that showed a continued decline in the number of Web surfers clicking on ads -- how the online search giant generates most of its revenue base. The numbers from technology-sector researcher comScore, released late Monday, generated several reports from analysts who worry that Mountain View, Calif.-based Google will be unable to meet Wall Street's earnings targets for the first quarter.
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Someone with insight to short that bad boy probably made a mint.
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