Google Stock Plummets
July 18th, 2008 by jay
Ok so I admit I point this out less because it’s importance to the economy, but instead how amusing it is (in some ways) that a 10% decline in stock value for Google actually equates to $52.12. You heard me…Google’s stock dropped by $52.12 and it was only a 10% decline. That’s because their stock has been over $500 a share for the past 3 months, well until today.
Just thinking about some of the stock I own and what its per share value is, I just couldn’t help but point this out for some fun. Although the not-so-funny part is the fact that I’m terribly worried about our economy. I’ll leave that for another day though, it’s no fun to be doom and gloom on a Friday night!