Google stock touches USD 600
Search Technologies, Stock Markets October 9th, 2007
Google stock touches USD 600
Search engine giant Google touched new peaks at the stock exchange as their share price crossed USD 600 for the first time.
The company gained from the month long rally which has taken the share to its peak as the market expects great results in the coming days.
The stock touched a peak of $610.26 before slipping back to $609.62. Google is all set to come out with their revenue report this month on October 18.
With this the company’s net worth has touched $190 billion which puts it ahead of companies like Wal-Mart Stores Inc., Coca-Cola Co., Hewlett-Packard Co. and IBM Corp.
Google is the web’s most popular search engine and their other strength is the AdSense online advertising system.
Popularity: 34%
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About
The blog NewsVisual created an interesting map of the Board of Directors at Google http://www.newsvisual.com/newsvisual/2007/10/google.html . After seeing them reach $600, I think it is safe to say that they are pretty experienced as far as management goes.