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Yeah… by 0.3 %. Having just been voted the UK’s best ‘Superbrand’ and with 1.25 billion in their pocket, I’m sure Google is quite concerned about it. The fact that they missed their Wall Street share value expectation by a penny this quarter is really of mild consequence, when you realize that they now have a more solid lead than ever on the whole search business, and Yahoo and Microsoft appear to have no chance of catching up.
Yahoo climbed 0.3% and Microsoft 0.7%, showing that there is life in the stragglers yet, but the obsession with Google continues. For whatever reason, some investors go into panic attacks at the slightest hint of a downturn, but at such lofty heights some fluctuation is to be expected.
Chill out, everyone. Google isn’t planning to go belly up anytime soon.
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