Google stock value plummets 10 percent
Published February 1st, 2006 in Media/TV/Internet, NewsAfter Google failed to meet its profit projections, its stock traded down on Wednesday by as much as 19 percent at one point. The loss has stabilized to 10 percent, or at $395 per share.
The lower profits are attributed to a 11 percent higher tax rate for the Q4 2005.
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