Tag Archives : goog12q3

Google Shares Loose $22 bn After Accidental Earnings Release, Google Blames Financial Printer

Google Shares Loose $22 bn After Accidental Earnings Release, Google Blames Financial Printer

Google unfinished financial results for last quarter were release accidentally far ahead of schedule today on the SEC’s website Google is blaming the financial printer RR Donnelley for this screw up. Earnings were far less than analysts expected and Google shares immediately plunged as much as 10.5 percent, knocking $26 billion off its market capitalization, By the time trading was halted at 12:50pm [...]
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