Citigroup (C) Global Markets analysts said they see tech giants Google (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN) at the greatest risk to missing quarterly estimates, based on their exposure to Japan.
On the other hand, tech companies with the least risk of meeting expectations are Priceline (NASDAQ:PCLN), Akamai (NASDAQ:AKAM) and eBay (NASDAQ:EBAY).
According to analyst Mark S. Mahaney, results should come in at close the performances of the fourth quarter of 2010. He doesn't feel there should be much in the way of negative surprises.
Google was trading at $571.19, down $6.18, or 1.07 percent, as of 12:53 PM EDT. Amazon was at $181.89, dropping $2.15, or 1.17 percent.
Tuesday, April 12, 2011
Google (GOOG), Amazon (AMZN) at Risk from Japan Exposure
Labels:
Akamai Technologies,
Amazon.com,
eBay,
Google,
Priceline.com
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