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After going up by the same amount in the last two weeks.

I've seen this pattern in previous quarters: irrational increase in the days before earning, then a fall back to the same price. Not sure what's happening, could be option/day traders.

This has been a thing on the stock market for a very long time and is not Google-specific. Basically every ticket is going to see action prior and subsequent to earnings reports.

The entire market is up the last two weeks. It's not irrational if you view it in context to the rest of the market activity.

Is this "buy the rumor, sell the news" in action?

What was the rumor?

Whisper number.

And still falling. -7% now.

More of a sell the new situation