Tue, January 20, 2009
Mon, January 19, 2009
[ Mon, Jan 19th 2009 ] - Market Wire
GoFish Relaunches as Betawave
Sat, January 17, 2009
Fri, January 16, 2009
Thu, January 15, 2009
Wed, January 14, 2009
Tue, January 13, 2009

Schaeffer's By the Numbers: Why Google Inc. Shares Just Keep Dropping


//science-technology.news-articles.net/content/2 .. rs-why-google-inc-shares-just-keep-dropping.html
Published in Science and Technology on Thursday, January 15th 2009 at 10:25 GMT, Last Modified on 2009-01-15 10:25:50 by Market Wire   Print publication without navigation


CINCINNATI--([ BUSINESS WIRE ])--It wasn't too many months ago when Eric Schmidt, CEO of Google Inc. (NASDAQ: GOOG), bragged that the financial crisis was pretty well confined to Wall Street, and his company wasn't really feeling the effects. Recent data from Nielsen and Hitwise seem to confirm Schmidt's supercilious attitude; the research firms both report that Google increased its market share during the otherwise dreary month of December.

However, this solid fundamental news hasn't done much to prop up GOOG's ailing share price. From its November 2007 peak of $747.24, the stock has given up nearly 60% of its value. If Google is expanding its share in the online search business, why is the stock doing so poorly?

To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/why+google+inc+shares+just+keep+dropping+by+the+numbers/observations.aspx?click=home&ID=90540 ]


Publication Contributing Sources

Similar Science and Technology Publications