Google Breaks US$500.00 Barrier

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moongirl
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Google Inc.'s stock price climbs above US$500 for first time
November 21, 2006


SAN FRANCISCO (AP) - Google Inc.'s (NASDAQ:GOOG) stock price surpassed US$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 $14.60, or nearly three per cent, to close at $509.65 on the Nasdaq Stock Market.

That left Google with a market value of about $156 billion just eight years after former Stanford University graduate students Larry Page and Sergey Brin started the business in a Silicon Valley garage.
For the full article go to:
http://www.cbc.ca/cp/technology/061121/z112125A.html
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