GOOGLE -$12.36 (4%) to $318.78
Shares of the popular Internet search engine company fell to their lowest closing price in three years. Barclays PLC cut its revenue and share-price forecasts for the firm, saying the slowing economy is “finally catching up with Google and search.”
ALCOA
(Up) $0.59 (5%) to $11.78
Stock of the aluminum giant had the Dow Jones industrial average’s biggest percentage gain, rising after China announced a $586 billion stimulus package to boost its economy. Despite the gain, Alcoa shares are down 74 percent from their 52-week high.
FIRST MIDWEST BANC.
-$0.73 (4%) to $19.99
Shares of the Itasca-based bank holding company slid after it disclosed it expects to receive a $193 million injection from the Treasury. Executives stressed that its capitalization already exceeds the amount required for the bank to be considered “well-capitalized.”
