Shortly after the markets opened on Friday Oct 18,2013, Google Inc. shares jumped 14 per cent to $1,015.46 and closed a day heavy trading at $1,011.41. The gains marked Google’s biggest one-day jump in more than five years
Friday’s stock surge takes Google’s market capitalization to about $333 billion
The stock had never been higher than $928 in regular market trading since Google went public at $85 per share nine years ago.Google’s stock has climbed steadily in the last five years, more than doubling in value
Over the years, Google has expanded its reach far beyond the powerful search engine that made it famous. It now includes -
Video sharing site YouTube
Android OS that runs on close to 1 Billion Smartphones and Tablets
Google ranks as the No. 1 digital ad company by revenue, leaving rivals such as Yahoo Inc. and Facebook Inc. far behind
No comments:
Post a Comment