Business

Google issues a bad report early, hurting Nasdaq

Advertisement

Google plummeted just over $60 per share, or 8 percent, and trading was halted for 2½ hours Thursday after a disappointing earnings report was published ahead of schedule, surprising investors. A sharp rise in weekly applications for jobless benefits also hurt the broader market. Labor blamed it on delayed figures from California.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.