Google shares hit new 52-week low

Updated at 9:44 a.m. PDT, with Google's stock price recovering.

Google's share price hit a new 52-week low Wednesday and continued its downward trek in early-morning trading Thursday.

The search giant's stock fell as low as $409.68 a share on Wednesday, breaking past its previous 52-week low of $412.11 in mid-March.

Google's shares have been sustaining a beating since mid-August, falling even further Thursday in early-morning trading to as low as $406.38 a share.

That price pushes its shares back to a level where the stock was trading in October 2006.

But by late morning trading, the stock rebounded and was up roughly 1.5 percent to $420.66 a share.

[gagahput3ra]

Wake me up please, when Google is Yahoo, Microsoft is Yoogle, and Yahoo is not there anymore.

And also, wake me up when Jerry Yang screwed Google.

[ss_Whiplash]

Google's history. If that stock drops to $399, that's it, I'm OUT!!!! :-p

[tech_crazy]

How is this a tech news item? And if someone was interested in knowing the stock price they coukd find it at any free site.

[jasonschlachter]

Google is focused on long term domination of multiple markets. Their prospects are just as bright as they were two years ago. I believe the dip in stock value is largely a result of people getting antsy. The fundamentals haven't changed.

[honorable1]

That's the problem. There is nothing to their strategy. The little foolgle 'brothers' just can't hack it on their own, and CEO is a complete pantywaste who's out for vengeance because he's washed up and hasn't has a single success in his continued wreckage of a career.

[baisa]

I just don't understand why people don't want more of this stock... Google is going to Save The World with its Munificent Non-Evil Energy Ventures(TM) and hey!--they added compiled JavaScript to a browser!

Life just isn't fair...