(Bloomberg) -- Google Inc. shares fell the most in
more than a year after second-quarter profit missed analysts'
estimates, and the company said it may bid at least $4.6 billion
to buy wireless airwaves in a government auction.
Shares of Google, the owner of the world's most-popular
Internet search engine, tumbled as much as 7.1 percent in the
biggest drop since February 2006. The stock declined $34.50 to
$514.09 at 10:36 a.m. New York time in Nasdaq Stock Market
trading and earlier reached $509.50. Microsoft Corp., which also
reported results yesterday, dropped as well.
Read more at Bloomberg Stocks News
more than a year after second-quarter profit missed analysts'
estimates, and the company said it may bid at least $4.6 billion
to buy wireless airwaves in a government auction.
Shares of Google, the owner of the world's most-popular
Internet search engine, tumbled as much as 7.1 percent in the
biggest drop since February 2006. The stock declined $34.50 to
$514.09 at 10:36 a.m. New York time in Nasdaq Stock Market
trading and earlier reached $509.50. Microsoft Corp., which also
reported results yesterday, dropped as well.
Read more at Bloomberg Stocks News
No comments:
Post a Comment