Google’s Third Quarter Earnings
Google’s third quarter earnings were released early today. It was a big miss for Google on profits. The stock opened today at $755.54, hit a high of $759.42, then dropped all the way to a low of $676.00 before bouncing a little and closing at $695.00. It will be interesting to see what tomorrow brings. Below is a chart showing the big price move measured in standard deviations. Today’s drop was over eight standard deviations!