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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Apple Inc | NASDAQ:AAPL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.29 | -0.17% | 169.60 | 169.60 | 169.63 | 171.34 | 169.18 | 169.88 | 44,848,932 | 00:58:30 |
By Jennifer Booton, MarketWatch
Google shares close at 14-month low
NEW YORK (MarketWatch) -- Shares of Google Inc. led tech stocks lower Tuesday, closing at a 14-month low following a price target cut at J.P. Morgan Chase that questioned the viability of its fundamentals.
Google's (GOOGL) stock closed down 3.4% to $498.16, its lowest close since October 2013. J.P. Morgan analyst Doug Anmuth cut his estimates on Google and lowered his price target to $600, although a broader market selloff pushed tech stocks lower across the board.
Twitter Inc. (TWTR) closed down 4.6%, Apple Inc. (AAPL) down 1.4%, Yelp Inc. (YELP) down 6% and Amazon.com Inc. (AMZN) down 3.6%.
Yahoo Inc. (YHOO) fell 1.9% to $48.85, while Facebook Inc. (FB) closed down 3% to $74.69.
Oracle Corp. (ORCL) , which is scheduled to report second-quarter earnings after the bell on Wednesday, ended the session down 1.2% to $40.63.
Plunging oil prices and a declining ruble played a part in Tuesday's stock-market declines. In other tech news, Apple reportedly halted online sales in Russia, citing "extreme" ruble fluctuations.
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