News Source: Uinta County News
| about 1 year ago
Google shares fell below $300 for the first time in over three years on Wednesday after a Citigroup analyst warned online advertising growth will slow. Stock in the world's most widely used Internet search company slumped 6.6 percent, or US$20.46, to...
News Source: Uinta County News
| about 1 year ago
estimates amid a weakening advertising environment, shares of the internet search giant on Wednesday fell below $300 for the first time since October 2005. The shares hit a new 52-week low of $287.76 and closed the day's trade at $291...Over the past...
News Source: San Francisco Chronicle
| about 1 year ago
Google's shares closed at $291, down $20.46, or 6.6 percent, after analysts downgraded the stock based on their forecasts about slower growth in online advertising...Wednesday's close represents a 59.2 percent drop from that high. Euphoria over the...
News Source: Turks and Caicos Free Press
| about 1 year ago
on Wednesday fell below $300 for the first time since late 2005 after analysts lowered their estimates on the Internet search giant, citing a weak advertising market. The shares were down 6.5 percent at $291.19 in afternoon Nasdaq trade...Mahaney cut...
News Source: International Business Times
| about 1 year ago
The stock, which traded over $700 as recently as last December, earlier hit a new year low of $287.76. Shares have been battered this week as analysts predict slower revenue growth for the fourth quarter amid signs that Internet users are growing...
News Source: MarketWatch
| about 1 year ago
Internet companies, is suffering from a marked slowdown in online advertising amid the ongoing financial crisis. Citigroup analyst Mark Mahaney said in a note to clients that search-engine marketers, which help place advertisements with Internet...