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Answers Corp. (Nasdaq: ANSW), which owns and operates the website Answers.com, reported today that it has seen a drop in search engine traffic due to a search engine algorithmic adjustment by Google.
The company said that as a result of this development overall traffic is currently down approximately 28% from levels immediately prior to the change.
Shares of Answers dropped 6.53%, or $0.57, to $8.20 in pre-market trading.
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