Google (GOOG) certainly likes keeping investors and short sellers on their toes. Last quarter was an upside surprise with a 20% pop. This quarter an earnings miss. After hours shares are down more than 7%.
So how will this impact the rally in financials? During the market's last mini-rally from March to May I remember the financials starting the rally and tech grudgingly following. Repeat?
As for the believe it or not rally, here's where the three mentioned prior stack up after today.
FRE: Friday Low 3.89, Today's Close 8.33. Gained 114%
WM: Monday Low 3.03, Today's Close 4.99. Gained 64.6%
WB: Tuesday Low 7.80, Today's Close 13.44 Gained 72.3%
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