A Guide To Google Stock Price
Wednesday, August 5th, 2009    Subscribe To Our Feed
In August 2004, Google stock prices started out at only $85 per share. That time many analysts debated whether or not Google was really worth it.
Google value was intellectual property instead of real property, and that time the market was not ready to the idea how an online companies can be so on demand and valuable.
Long story short, there is absolutely no reason to debate about this anymore, since Google stock price is 5 times its initial value and 5 years later the company has the market value of $175 billion dollars.
Do you know that Google stock prices rose to over $100 on their very first day hit the market and then doubled within 3 months after that.
Analysts still debate the value of the company but it is more a matter of how much more it will grow and how quickly. Many investors in the Australian stock market also join in this debate.
Though the early growth of the company was unsustainble and unrealistic, but over the past few years their stocks has settled into a traditional pattern growth, but with the exception of the recession which has been detrimental the entire marketplace and tech sector.
No stock comes with a guarantee, but investors have shown that they are confident that Google is a solid, reliable company that is not likely to significantly lose value, at least not relative to the market as a whole.
The up to date Google stock price can be found at any time by searching using the company’s exchange symbol “GOOG.” Not only Goog, there you will also see Nasdaq futures.
Note that Google has two types of stocks, that is Common and Preferred. Usually Preferred stock prices are higher since the holders are paid dividends before they are distributed to all the common stock holders. However, both of them have voting rights.
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