Google employees horrified to watch stocks drop

The global stock market is again agitating and Google is no exception. The cost of the shares today somehow tried to keep it at a normal level in the first half of the day, but after lunch everything went down to yesterday's indicators (when the trading was stopped): $ 329 per share. It is worth saying that this value of the valuable paper is the key point that all employees of the search giant are now watching, since a huge part of the shares (about 1.7 million) was set at a guaranteed average price of $ 329.78 per piece. If the share price falls below this level, then the machinations of them, in fact, become meaningless. In addition to this, we note - rather big, the share of shares is still 5.7 million securities, whose average price was guaranteed at a level not lower than $ 450. In short, 61% of Google’s trading shares are now “under water”.

The remaining part of Google’s securities loses its value at a price below $ 275, $ 177 and $ 21 (for pre-IPO employees, who are unlikely to be concerned about this situation). Only 8 days ago, the giant's shares were sold and bought at a price of $ 411, and three months ago: $ 450. If this continues, it is quite possible that many Google employees will start looking for work on the side, since it is not known how long the company's shares will fall (and will they rise after that).


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Let me remind you that, in addition to wages, every Google employee receives his own stake in the company, which is in fact the guarantor of good work (the share price is set by the market -> the better each individual employee works, the more worth his papers). And if the macroeconomic cycle does not return to the growth phase in the near future, it is likely that the most difficult times will come for the search giant.

In the wake of TechCrunch .