Google Rarely Misses Estimates, So What Happened?
January 23, 2012 Edited by Brahm Canzer
Filed under Company Analysis, Financial analysis
Description: Google’s fourth-quarter earnings rise but come in below analysts’ targets, and that doomed the search firm’s stock in late trades. Currency and tax issues, combined with a recent rally, set up the shares for a fall, according to MarketWatch tech editor Dan Gallagher. Lauren Rudser reports.
Source: Marketwatch.com – video report
Date: 01/05/2012
Questions for discussion:
- Summarize what happened at Google, according to this report.
- Do you think now is a good opportunity to pick up Google stock or is this the beginning of a trend?
