Friday, 20 January 2012

US Stock/Options Tip: Google gaps down $57 after earnings miss!

Google Inc. reported a 6% rise in fourth-quarter earnings on Thursday afternoon, missing analysts’ expectations and triggering a sharp drop for the stock during after-hours trading.
The Web search giant missed Wall Street’s consensus earnings target by more than $1 per share. In a call with analysts on Thursday afternoon, executives blamed the miss on a variety of factors that included an impact from currency rates to an impairment charge. The company also continued to spend heavily, with operating expenses up 35% from the same period last year and the addition of more than 1,000 employees to its rolls. 


Let us see whether there is opportunities tonight for Google! Treat it as a study. Will post u the news...