“US Investors Pile into Google after €2.4 Billion EU Fine Drags Stock Price Down”
By FF Newsroom · 28 June 2017
Jordan Hiscott, Chief Trader at ayondo markets:
“There has been strong demand for Google stock in the opening 15 minutes of the US stock market today. This comes just hours after the tech giant was hit with a €2.4 billion fine from the EU for abusing its dominance of the search engine market.
“It seems investors and speculators are using the weakness as an opportunity to enter both new long positions, and increase any previously held ones.”