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Google Shares Drop Below $400 
By: Scott Van Achte 2008-09-30 Google shares are at a low today. Opening with a value of $420 and by 12:26pm ET, dropped below $400 mark to $396.29 (according to a Google search for "goog")...  At one point the stock had reached a new 52 week low of $395.34 - a far cry from the 52 week high of $747.24 set in November of last year. Thats a drop of more than $350 since the peak which is a lot of coin for all serious Google shareholders. With this considerable low, perhaps now is the time to buy, but I have been thinking that for a few months now, and it seems to keep dropping. The last time Google shares were below $400 was back in Sept of 2006 according to Google Finance. With all the troubles over on Wall Street I am curious to see how much impact this will have on Google shares. I am no finance expert, in fact, far from it, but I see shares dropping further in the coming months. UPDATE (Only minutes after original post) I find it rather interesting how Google finance seems to be wrong. When I took the screenshot above it said the 52 week low was $395.34 - that was at 12:26pm ET on Sept 29, 2008. Take a look at the screen shot below, taken only 8 minutes later - it shows a 52 week low of $397.27. Guess it goes to show that Google Finance is a little off on their numbers.  Comments
Tag: Google, Stock, SEO Add to  Del.icio.us |  Digg |  Reddit |  Furl Have a bookmark! -  About the Author: Scott Van Achte is the Senior SEO at StepForth Web Marketing. Since Joining the StepForth team back in early 2003 he has thoroughly enjoyed working in the search engine industry. When he is not busy earning his keep, Scott can be found spending quality time with his wife Lyndsay and new daughter Emma. Scott would be happy to answer any questions and can be reached at scott@stepforth.com. |
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