Google Shares Go Past $700 a Piece

October 31st, 2007 at 12:00 am
 


google stock

Google is now steadily gaining steam in the stock market. Just this month we reported that a share of Google’s stock would sell for about more than $600, yesterday, Google has passed the $700/share mark.

More than $700 per share means that Google is now worth more than $220 Billion dollars and that can virtually buy anything.  This milestone shows that since Google’s IPO in August 2004, they have grown more than 720%. For anybody owning stocks of the giant, this is a happy halloween.

There was however a sudden leap for the stock of Google following speculations of  the GPhone and their recent launch of Open Social API.