GOOG Threatens to Leave China (GOOG)

Google is down 1.5% premarket due to its threats to abandon China rather than censor its search results. This would hurt GOOG pretty minimally in the short-term, but long-term effects could be larger.

Ultimately, you have to trust that the people at GOOG know what they’re doing – I would be extremely surprised if GOOG ends up abandoning China, but just the news that it might be a possibility is enough to send investors into a little bit of a tailspin. We will monitor this situation closely, but our analysis is not changed tangibly by these developments.

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