Trading Yesterday's News?: Google Getting Hit Hard on Lower Ad Spending

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Includes: GOOG, YHOO
by: TickerSense

Google (NASDAQ:GOOG) is getting hit hard intra-day following a report that online banner ads fell in the last two weeks. We haven't seen the entire story, but we wonder if this news is really news?

Didn't Yahoo! (NASDAQ:YHOO) say yesterday that it has seen lower ad spending in recent weeks, and fall over 10%?

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