Google share values plummet
NEW YORK: Google Inc, whose shares have plunged more than 40 per cent since November and could fall almost another 20 per cent due to the US economic slowdown and aggressive spending by the Internet search engine company, according to the latest issue of Barron’s.
Google shares dropped to a new 52-week low of $435.78 Tuesday before bouncing back to close at $444.60, down $12.42. Google shares closed on Friday at $433.35.
