Google’s Printing Mishap

Photograph by FPG/Getty Images

Google got burned on Thursday by a very old-school mistake: Its printer messed up. Shares of Google plunged 9 percent in the afternoon after a lousy earnings report was mistakenly sent to the Securities and Exchange Commission before the company intended. The stock stopped trading on Nasdaq after Google’s share price fell from $755 to $681 between 12:30 p.m. and 12:38 p.m. This, of course, is why firms tend to wait until the market has closed before releasing earnings reports.

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