Investing News Blog

Tuesday, November 21, 2006

Google Breaks $500 a Share

What can you say about Google, it just keeps pushing forward and increasing in value. The companys share price has risen above US$500 and you have to wonder how much higher it can go. All i can say is i wish i had bought a few of their shares years ago.

Google's Stock Price Rises Above $500 for First Time
"Google Inc.'s stock price surpassed $500 for the first time Tuesday, marking another milestone in a rapid rise that has catapulted the Internet search leader into the corporate elite.

Continuing a recent surge driven by Wall Street's high expectations for the company, Google's shares rose $9.67, or nearly 2 percent, to $504.72 in morning trading on the Nasdaq Stock Market.

That left Google with a market value of about $154 billion just eight years after former Stanford University graduate students Larry Page and Sergey Brin started the business in a Silicon Valley garage." Time.com

# Major Company News, Google News, Internet Company News

1 Comments:

  • It is not big surprise. Google is big comapany and their value will encrease as long as their will be on the Internet.

    By Blogger Jan, at 1:48 AM  

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