Tuesday, November 16, 2004
Google Helps Everyone's Stock But Its Own
Synergy Brands saw its stock go up 48% on Friday, after it announced that it and its cigar-related products will be marked as a "Selected Merchant" on Froogle. The stock rose another 42% today, partially because of the rising buzz, and partially because of its first quarterly profit. I've never heard of a company doing so well just because of an association with Google. In other news, Google stock is down $7.95 to $176.92 after the second lock-up period expired and millions of extra shares were made available. Perhaps Google can boost its stock by announcing it has entered a strategic partnership with Google?