Google – Fourth Quarter Profits Nearly Triple – Stock Price Falls

For the first time in its 8 year history, Google’s quarterly earnings hit the billion dollar mark after posting earnings of $3.21 billion. Crazy to think their stock price would fall after tripling their revenue, I guess the tech stock investors are looking for bigger and better things from Google, but I must admit… I’m pretty impressed. In fact, I might even fork out a couple bucks to buy a single share of Google stocks in hopes that it will soon split 10 for 1.

After its huge 4th quarter news, the stock ended up falling 3.94% to $481.75. This is quite possibly the lowest price we’ll see this stock at for some time to come.

Leave a Reply

Your email address will not be published. Required fields are marked *