Wednesday, February 27, 2008

Google At Risk?

Those questions are weighing on investors, who have cut the value of Google shares by 38 percent since they peaked at $747.24 in early November.

The slide continued Tuesday when Google shares dropped 4.6 percent to close at $464.19, as investors were spooked by a report by the research firm comScore that said clicks on Google ads the United States were flat in January when compared with a year earlier.

In all, Google’s shares have fallen $283 from their peak, wiping out $83 billion in market value, and bringing a aura of vulnerability, at least on Wall Street, to a company that just four months ago seemed unstoppable.

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A Highflier Loses Altitude as Google’s Clicks Go Flat

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