This Marketwatch.com story offers a review of a busy day of Google news.
First, we read that shares of Google suffered their biggest percentage loss ever today, down 8.5% or $36.92, to close at $399.46.
The drop wiped out about $11 billion in market value. The stock has dropped 16% since Jan. 11, when it peaked at an intraday price above $475.
The story then touches on the subpeona story and includes comments and quotes (even a video interview) from a couple of attorneys saying that fighting this case could prove to be expensive for Google.
Finally, even though today's drop was a record, quotes from a few analysts show that they remain bullish on GOOG.
The Original Search Marketing Event is Back!
SES Denver (Oct 16) offers an intense day of learning all the critical aspects of search engine optimization (SEO) and paid search advertising (PPC). The mission of SES remains the same as it did from the start - to help you master being found on search engines. Register today!