NEWS CATEGORIES:



NEWS ARCHIVE >>
SOFTPEDIA REVIEWS >>
MEET THE EDITORS >>
Home / News /


Google Shares Take a Dive

Biggest this year

By Adrian Stanciu, Sci-Tech News Editor

30th of November 2005, 17:22 GMT

Adjust text size:


Google Inc. shares went down 4.7 percent after Tuesday's session of the stock market, which marks the biggest drop the online search engine experienced this year. This also is a strong indicator that the holiday season isn't going to produce the income Google was
counting on. Investors and experts are probably surprised to find that Google is having a hard time selling advertisements this time of year.

Google makes money by selling online advertising and referring shoppers to the sites of retailers, and over the past few months the company's shares have gone straight up. Since the holiday season is just around the corner, investors were hoping to see the shares go sky-high and produce huge amounts of money. This is hardly the case for Google these days, and the investors are starting to become impatient.

Over the last few years, the Monday after Thanksgiving has been set as an indicator of the holiday sales outlook for Internet businesses. Based on the recent results of Google, investors have little to no clue what the financial status of the company will be like.
Read by 1,237 user(s) | Add comment | Link to this article TWEET THIS


Article rating:
Fair (2.7/5) 8 vote(s)    

Subscribe to news | Print article | Send to friend

© Copyright 2001-2009 Softpedia
Contact:

 

 

SEARCH THE NEWS ARCHIVE :




Today's News
| Yesterday's News | News Archive


MORE RELATED ARTICLES:


Google's profits have increased with 600%

Baidu.com - Chinese Gunpowder at the American Stock market

Google Will Sell AdWords in China

Google Wants to Sell 14,159,265 Shares

Google Donates $1 Billion to Charity

User opinions:

No user comments yet.
Be the first to express your opinion using the form below!

Share your opinion:

Your Name:
Your Email Address:
(will not be used for commercial purposes)
Solve this to prove you're not a bot: =
Your review/opinion:

 




Windows tabGames tabDrivers tabMac tabLinux tabScripts tabMobile tabHandheld tabGadgets tabNews tab

SUBMIT PROGRAM   |   ADVERTISE   |   GET HELP   |   SEND US FEEDBACK   |   RSS FEEDS   |   ENTER NEWS SITE   |   ENGLISH BOARD   |   ROMANIAN FORUM