Wednesday, October 23, 2013

Google $1,000

Google's stock surpassed the $1,000 mark for the first time, helped by strong third-quarter results.


It's unlikely that Google shares will stay above $1,000 for very long. The Mountain View, Calif., company plans to issue a new class of stock that will likely cut the value of the shares in half, though its market capitalization will be unaffected.

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