Google shares melted down the other day after the company's filing agent, R.R. Donnelley, prematurely filed Google's unusually weak earnings a little earlier than anticipated. However, the market's knee-jerk reaction was far too extreme, considering that Google's earnings weren't actually all that bad.
While these sorts of fat-finger mistakes seem increasingly common on the Street, Fool.com analysts Anand Chokkavelu and Matt Koppenheffer think they're unavoidable and seem here to stay.
Anand Chokkavelu, CFA, has no positions in the stocks mentioned above. Fool contributor Matt Koppenheffer has no positions in the stocks mentioned above. The Motley Fool owns shares of Google. Motley Fool newsletter services recommend Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
2017 Is a Year Discount Retailer Fred's Would Like to Forget
Things went from bad to worse after dreams of becoming a major pharmacy chain were dashed.
3 Great Gifts for Investors
Trying to find gifts for the investors in your life? Here are a few ideas to get you started.
Shares of Amplify Snack Brands Soar 70% on Hershey Acquisition Agreement
In a move to diversify its products, Hershey agreed to acquire Amplify Snack Brands for $12 per share.