Google Sees Shares Fall Due To Decline In Ad Viewing

Boston (dbTechno) - Google saw its shares fall on Tuesday after it was reported that they had a significant decline in the advertisements viewed on their web site. They saw a 7% decline in advertisements viewed in January compared to December. Now may be the time to buy Google stock though according to some analysts, as many expect Google to bounce right back.

They also showed no growth at all in paid-clicks from January 2007 to January 2008.

Google shares targets have already been dropped by many analysts as shares fell to as low as $446.85 in the early Nasdaq trading.

This is down $39.59 or 8.1%. It went on to close at $464.19, a 4.57% drop.

The one bright spot about all ofo this is that web searches actually increased for Google by 10% during the same period where advertisement didn’t really grow all that much.

Google has stated that they are working hard to reduce click fraud and to and to reduce the number of ads shown on search pages to try and improve the overall experience.

Many analysts are still confident that Google should be able to quickly turn things around. Several analysts, including Bear Stearns, stated this was actually a great time to buy Google stock.