Google stock reaches new all-time high
While the world has focused on Apple’s stock price over the past few months, Google (GOOG)
has slowly risen up and achieved its own milestone. The Internet
giant’s stock previously peaked 747.24 in November of 2007, however as
the economy worsened the stock began to decline, falling below $300 in
2008. Since then, the company has seen strong revenue from mobile
advertising and the massive growth of its Android
operating system. Google’s stock rose above $700 a share in early
September for the first time since 2007, and after opening down slightly
at $731, the stock gained nearly 2% to reach a new record-high of
$748.89 at around 12:30 p.m. on Monday.
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