Google stock down after Reader's privacy scandal

After Google Reader's privacy scandal got to the major press (and elsewhere) GOOG stock has just gone down. Their own stock market site shows the news as one of the factors involved:



That reference has misteriously disappeared since, but the stock keeps going down:



I don't think the market is that simple, and a single factor can't explain why the stock market goes up or down in the short term. Nevertheless it's a fun way to tell the Google Reader team to at least worry about their stock options. If they don't care about their users' privacy, maybe they'll care about their own money.