Google Loses Over 16 Billion in 1 Day

By Angsuman Chakraborty, Gaea News Network
Sunday, July 20, 2008

Just after announcing its quarterly results Google lost over 16 billion dollar on Friday. The last trade was at 481.32, down from its previous day high of 534.75.

Google is now valued at 151.18B. The further bad news is that in after hours trading the stock is at 480.60. Currently Google is trailing Two Fiscal Years and Four Quarters.

Filed under: Company, Google, Web

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