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Google Lose $19bn In Value After Results Error Causes Shares To Be Suspended

9:16 am October 19, 2012 By Julian Horsey

An error by printing firm RR Donnelley, who mistakenly published Google’s third-quarter results early, has wiped $19bn off the value of Google, seeing Google’s shares plummet a massive 9 percent before trade was suspended, yesterday.

Trading in Google shares was suspended for 2.5 hours after Google’s third-quarter results had been filed early by RR Donnelley, without Google’s authorization.

Google Share prices drop
In a statement released by Google, they explained that “

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Filed Under: Technology News, Top News



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