Google Stock Breaks 700 For First Time

AP:

Google Inc.'s stock price barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.

The Mountain View-based company's shares traded as high as $704.79 before falling back to $700.04 in afternoon trading, up $5.27 for the session. It took less than a month for the stock to leap from $600 to $700, building upon a fervor that has lifted Google's market value by more than 30 percent since mid-September.

Read the whole story: AP

Comments

[Justinpassing]

Always nice and reassuring to have an element of reality injected into one's day...........
..................jezus wolfgang christ!!!!!!

[Bluesman48]

Cramer said buy Google about this time last year, that it was headed to $550 in 2007. It took a bit longer than expected, but thanks, Jim! Oh, and thanks for Mastercard, too.

[ChiGuy]

My deepest thanks to Mark, my 20+ year friend and broker who got me in on the IPO, and then settled me down later when everyone else was telling me to sell if it hit $400.

I need to buy him something really, REALLY nice for Xmas.

[breathestolive]

Ha! I have some, that I bought at $500.

Doin' the happy dance here!

[SouthJerseySteve]

I'll take two.... who is buying the stock anyway?