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

Includes: AABA, GOOG
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! (YHOO) say yesterday that it has seen lower ad spending in recent weeks, and fall over 10%?

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