Thursday, October 21, 2004
Google Shares Have A Great Day (If You Want To Understate It)
Expectations of a good earnings report pushed Google shares up 6.33%, or $8.89, to $149.93. However, when that report came in and beat expectations, after hours trading shot GOOG up another 7.98%, or $11.92, to the current $161.30! That means Google is up more than eighteen dollars on the day, thanks to a very positive report. Boy, I bet you wish you had Google shares! Google is now only $8.70 away from doubling their IPO price, after only two months. Congratulations guys!