Google’s (NASDAQ: GOOG) number of "paid clicks", a key measurement of the company’s success, had very modest growth in February. Investors have been concerned about the data since it showed weakness in January. February clicks were up only 3% over the same month last year.
According to MarketWatch "Google reported 25% growth in paid clicks in its fiscal fourth quarter ended in December. But comScore data released last month showed flat growth in Google’s paid clicks in January, triggering concerns about its health amid the U.S. economic slowdown."
Odds are excellent that the stock sells off tomorrow.
Douglas A. McIntyre