Google’s market cap dropped $24 billion in 30 minutes yesterday. The aftershock so stunned Wall Street, market trading halted for two hours.
Reason why: Google’s printer accidentally published Q3 earnings 5 hours early (OOPS!!!). AdWords revenue was 3% below targets and income was down. BAM – the entire company’s value plummets 9% in minutes.
If Google dumped you for a handsomer boyfriend in the past, I betcha sometime in the next 3 months she sends you an “FIRSTNAME, I’m sorry for my past sins, maybe we could meet for coffee” note.