Google's share price hits another record high —— $483 per share

by shanliji77177 on 2006-10-24 10:43:56

Google's previous highest stock price was 475.11 USD per share in January this year. Since then, everyone has thought that Google's stock price would sooner or later break through 500 USD per share. Unfortunately, during this year, Google's stock price has been very volatile and hasn't broken through 500 USD.

However, under the strong impetus of the news about acquiring YouTube and a sharp increase in third-quarter revenue, Google's stock price set a new historical high today, surpassing 480 USD per share. So far, the highest stock price has reached 483.13 USD. Some analysts not only predict that Google's stock price will break through the 500 USD mark, but have even set a new target of 600 USD per share for Google.

Based on today's stock price, Google's market value has exceeded 146.7 billion USD.