Google stocks fall below $500
Posted by multippt
It looks like bad news for Google as Google stocks hit to a new low. The value of Google stocks has fallen steadily for the past month, appearing as the top 10 losers in Nasdaq several times in a row. Microsoft’s purchasal of Yahoo came at a time most punishing for Google. Of course, it goes without saying that Microsoft does have a few problems trying to buy Yahoo - it may need to borrow a little cash.
Just last month Google stocks are valued at about $700 a share, and has steadily declined in January. Yahoo on the other hand faced a similar decline. It would have kept declining, if not for Microsoft’s offer. Thanks to big Microsoft, Yahoo stocks not only recovered, but actually shot up to become much higher compared to that of the last quarter in 2007.
Though, it will take more than falling stocks to beat Google.
