12/13/2008 05:12 am ET | Updated May 25, 2011

Google Shares Below $300 For First Time Since 2005

Shares of Google Inc on Wednesday fell below $300 for the first time since late 2005 after analysts lowered their estimates on the Internet search giant, citing a weak advertising market.

The shares were down 6.5 percent at $291.19 in afternoon Nasdaq trade. The stock is off more than 50 percent this year.

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