The Google Stock past $400

Abe Olandres Editor-in-chief November 18, 2005 · 1 min read

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News spread fast that people are selling Google stocks now that it has gone past $400 (high of $403.81 from BigCharts.com). That’s big bucks right there.

This, from just $85 when it went for IPO last year. That’s almost 5 times the price now. *sweet* It’s been on a steady growth ever since, even with Google buying companies left and right.

I was actually contemplating of getting some stocks (around 50 -100) but that time it was only available to US residents. T’was just a thought though but a mighty ambitious one. hehehe Oh well, good times.

Google now has a market capitalization topping $117.6 billion — the 27th biggest among stocks traded in the United States and larger than networking giant Cisco Systems (CSCO, news, msgs), banking giant Wells Fargo (WFC, news, msgs) and Coca-Cola (KO, news, msgs). And twice as large as arch-rival Yahoo! (YHOO, news, msgs) That’s more than Amazon and Yahoo! combined.

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Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

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