Google Stock Hits $1,000 for First Time Ever




Google is officially part of the ultra-exclusive $ 1,000 club.

The search giant’s stock topped $ 1,000 a share on Friday for the first time in its history, making it one of only a select few businesses including Priceline, Seaboard and Berkshire Hathaway to hit that milestone

The company’s stock had been hovering around the $ 900 mark in recent months, but the stock shot up by nearly 10% overnight — adding more than $ 25 billion to its market cap in a matter of hours — following a generally positive third-quarter earnings report, which beat Wall Street estimates for earnings and revenue. Read more…

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