They were last trading at about $332, but tomorrows opening could be $10 either side of that, depending on what the analysts say.
One thing worth noting though, is that for each of the last 3 sets of results that google have produced, the shares have popped and dropped the next day, and I don't see any reason why tomorrow will be any different.
They have beaten estimates by 10%, which is the smallest gap they've achieved since IPO, their costs and capital expenditure are higher than anticipated, and they are writing off $90mln next (this) quarter as a charitable donation.They also emphasised in the webcast that their increased capital expenditure may not lead to any short-term revenue gains, but then they have always focused on the longer term.
bwtfdik ?!
Good night.
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