Google Shares Hit Landmark

Google shares briefly hit their highest point ever on Monday during trading, creeping over the $600 mark. Shares settled below that by the end of the day.

By contrast, Google shares were $85 in 2004 at its IPO. Currently valued at $187 billion, Google is the 11th largest company according to Standard & Poor's 500 Index by market capitalization.

While reaching the $600 mark was a significant milestone, some Wall Street watchers expect Google to break the $700 mark in the coming year as it continues to expand into other areas. Stock price is another area where those feisty Googlers are giving the Redmondians a run for their money.

Do you own any Google stock? What do you think about Google's increasing prominence and expansion into new markets? You won't have to search hard to find me at [email protected].

Posted by Lafe Low on 10/10/2007 at 1:23 PM


Featured

  • Microsoft Drops 'Solorigate' for 'Nobelium' in Ongoing SolarWinds Attack Investigations

    Microsoft this week described "three new pieces" of malware that were used in the SolarWinds Orion espionage attacks dubbed "Solorigate," although Microsoft security researches are now calling it "Nobelium."

  • Microsoft Universal Print Service Commercially Released

    Microsoft announced on Tuesday that its Universal Print service is now commercially released at the "general availability" stage worldwide.

  • Restoring a Backup to Dissimilar Hardware: 3 Things To Watch Out For

    Getting a new desktop looking and feeling like the old one used to take a long time, but modern backup applications have greatly streamlined the process. Still, there are a few things to keep in mind to avoid potential issues.

  • Black Box

    Microsoft Releases Windows Server 2022 Preview

    Microsoft announced during its Ignite event that Window Server 2022 is currently availability at the preview stage.

comments powered by Disqus