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October 18, 2012 08:56 pm GMT
Google accidentally released its Q3 2012 earnings report far ahead of schedule today and is blaming the financial printer RR Donnelley for this mix-up. When the release first appeared on the SEC's website (including a number of editorial comments), it was not clear if Google accidentally filed the report early or if this was on purpose, but a mid-day earnings release like this is highly unusual. One thing that was clear, though, was that the stock market was not happy about this. By the time trading was halted at 12:50pm EDT, Google's stock was down about 9% and traded for well under $700.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bvL2kOGcNRo/
Googles Stock Takes A Dive After Accidental Mid-Day Earnings Release, Trading Halted On Googles Request
Google accidentally released its Q3 2012 earnings report far ahead of schedule today and is blaming the financial printer RR Donnelley for this mix-up. When the release first appeared on the SEC's website (including a number of editorial comments), it was not clear if Google accidentally filed the report early or if this was on purpose, but a mid-day earnings release like this is highly unusual. One thing that was clear, though, was that the stock market was not happy about this. By the time trading was halted at 12:50pm EDT, Google's stock was down about 9% and traded for well under $700.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bvL2kOGcNRo/
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