Bank Of America Reports Google Search Queries Up 11% In May
According to Bank of America, Google (NASDAQ: GOOG) May search queries were up 11 percent.
Bank of America said that May data from comScore showed US explicit queries grew 11% y/y vs. 7% y/y in April, with queries up 45% y/y at Bing,10% y/y at Google, 7% y/y at Yahoo, and down 13% y/y at Ask. “Using explicit market share data (ex. Google Instant and Innovative Searches), Bing and Yahoo were flat m/m at 14.1% and 15.9%, respectively, while Google's share was up 10bps m/m to 65.5%. Overall, May data suggests a slower ramp up in 2Q search activity relative to last year with queries tracking up 2% sequentially in May this year vs. up 6% q/q last year. Data was modestly positive for Google and Yahoo.”
Google closed yesterday at $516.73.
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