Google Stock Price Hits $1,000 For The First Time, Now The Third Most Valuable Company In The World

Posted on Oct 19 2013 - 12:05am by Editorial Staff

Google-Stock-Price

With making a big hit yesterday with Google announced its amazing quarterly earnings beating Wall Street’s expectations, the search giant’s stock price hit $1,000 for the first time today (while the time when we are reporting this, the current stock price is 1,009.68 Up 120.89(13.60%) 11:57PM GMT+05:30 – Nasdaq).

Bloomberg reported that with an increase in 13 percent stock price today, Google now is the world’s third most valuable company after Apple and ExxonMobil. Google yesterday reported the earnings with the revenue of $14.9 billion and the earnings per share were $10.74 for the period. With if the saga of growth continuously goes on, then the search giant will be expected to have about 33 percent of the share in the business.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.