Google surpasses $500 a share

Cory Bergman November 21st, 2006

For the first time, Google has risen above $500 a share, which works out to a market value of $154,570,000,000. The stock’s journey began at $85 in August 2004.

  • Plus: Why it’s high time for a Google stock split

  • 4 Comments Add your own

    • 1. thedetroitchannel  |  November 21st, 2006 at 9:35 am

      “$85 in August 2004″

      at that time a vocal chorus was heard singing “overvalued, avoid, short it to zero, google-schmoogle, pets.com re-dux, ivillage was a steal for $600million, buy it and have your google examined”.

      yes.

      where are they now?

      boise?

    • 2. Steve Safran  |  November 21st, 2006 at 10:01 am

      Buy! Buy! Of course, I’ll need 100 LR friends to chip in $5 apiece so we can afford a share…

    • 3. thedetroitchannel  |  November 21st, 2006 at 10:08 am

      i’d tell you to wait for a pullback in the share price but that’s what i did after selling at $185 and it never looked back.

    • 4. thedetroitchannel  |  November 21st, 2006 at 1:27 pm

      on further consideration, and before anyone accuses me of “pimping my silly little” stock trades, i should note the shares were purchased at $154.

      while goog went public at $85 the first “open market” trade was in the $120’s if i recall.

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