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Google is back over the $500 mark, closing the day at $506.80 per share. This while stocks plunged sending the Dow industrials tumbling to their biggest drop since February 2007. Some are talking recession.

Meanwhile, Microsoft and Yahoo closed the day with 3.7% and 1.2% drops in stock value, Micorsoft closing at $29.07 per share while Yahoo closed at $28.98 per share.

With regard to the possible Microsoft Yahoo merger, although Yahoo has yet to respond to Microsoft’s offer to buy them out for $44.6 billion, analysts are saying a merger is likely to happen.

Google continues it’s downward spiral. At last report the stock had dropped to $515.90 per share. The current share price as of the writing of this post is $495.43.  Meanwhile, Yahoo share price is up by 3.35% owing to Microsoft’s offer of a 45 billion dollar buyout.

The last report on the possible buyout of Yahoo is that Yahoo has not made any decision and continues to explore all options, one option of which is reportedly a possible partnership with Google.

While Google stock value continues to decline Yahoo and Microsoft have shaken up the market with an offer by Microsoft to acquire Yahoo.

The talk of a merger has resulted in the buying up of Yahoo stock on a scale that saw an almost 50% increase in the price of a share of Yahoo stock from the previous close of $19.18.