Google Soars - Record Share Price
Published: Saturday, November 19, 2005 Online-Casinos.com
GOOGLE SOARS
Record breaking new share price
The giant search engine Google's stock broke through the $400 price level this week amid optimism about a surge in online advertising during the holiday season and continuing projections for rapid long-term growth.
Stock rose $5.30 to $403.45. The search engine that went public at $85 a share in August 2004 has continually exceeded Wall Street forecasts for profits.
At the new level above $400, Google's lofty stock market value of $117.7 billion makes the Silicon Valley firm worth tens of billions of dollars more than the combined value of Internet titans Amazon.com and Yahoo.
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