Business & Economy · 5 views
Google is set for a $400 billion stock wipeout after disappointing earnings
Google shares fell 10% in premarket trade. If the fall holds, it will be the biggest negative stock reaction to earnings since it went public in 2004.
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Google shares dropped 10% in pre‑market trading, a decline that would mark the largest negative reaction to earnings since the company’s 2004 IPO. If the slide persists, the move could erase roughly $400 billion in market value.
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