dallas on 16 April 2012
| Jumpin said: Google stock seems to have plummeted since their earnings report. I don't think shareholders were impressed. Share value has dropped from 656$ to 603$. |
The shareholders were impressed with the results but that wasn't the big issue with the company. Rather, mostly institutional investors such as mutual or pension funds are pissed that google decided to start issuing two types of stocks, one with voting powers and another without. The move was seen as kinda draconian and has been criticized.
