Google Trades Down Over 5% in After Hours on Earnings Miss
April 14th, 2011WARNING: This is not a recommendation to buy, sell or hold any financial instrument.
After hours GOOG: 546.70, -31.81 (-5.50%). That’s down through the 200 day moving average which is currently at 559.09. The chart has looked like shit on a stick since February. I’d say continuation lower is a strong possibility, with some sucker bounces along the way.
Via: CNBC:
Google shares slid in extended trading Thursday after the firm posted a profit that missed Wall Street expectations for the quarter, the first reporting period for the company since it named a new CEO.
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