Soaring Profits Send Google&#39;s Stock Sky High
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Investors were scrambling to buy Google stock again after the company&#39;s earnings report. Google shares rocketed higher by 13 percent, or more than $20, in trading this morning to $169.
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Shares of newly public Google  Inc. GOOG.O on Tuesday hit a new high and posted  their  largest single-day percentage gain after five investment banks  issued bullish reports on the leading Web search provider.
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SAN JOSE, Calif. _ In a measure of the extraordinarily high expectations investors have for Google, the Internet giant reported that quarterly profits soared above $1 billion for the first time _ and disappointed investors promptly sold the stock.
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Google Inc.&#39;s shares surged to more than twice its initial public offering price after third-quarter profit and sales more the doubled and the company said the market for Web advertising shows no signs of slowing.
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Shares in Google rise more than 12% in  New York following the announcement of its huge rise in profits.
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Google Inc.'s third-quarter profit more than doubled, reflecting a continued surge in the online advertising distributed by its Internet-leading search engine.
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Shares of newly public Google Inc. (GOOG.O: Quote, Profile, Research) on Tuesday hit a new high and posted their largest single-day percentage gain after five investment
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Google, like so many dot-coms before it, came roaring out of the IPO gate Thursday priced at the low end of expectations and promptly surged in value as investors piled onto the much-hyped share offering.
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Shares of the Web search giant leapt 15.43 percent yesterday, on the heels of a 6.33 percent spurt the previous day, even as the broader financial markets continued to retreat.
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Anyone who was concerned that Internet search giant Google would be hampered by going public in August can breathe easy as Google announces, in its first financial results since floating on the stock market, that its profits have more than doubled.
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YESTERDAY Close $639.62 Change +$6.14 52-WEEK High $641.41 Low $417.50 Google Inc., the owner of the most popular Internet search engine, said third-quarter profit jumped 46 percent, beating analysts' estimates, after the company extended its lead over Yahoo Inc. and grew outside the United States.
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Web search leader Google Inc.   reported on Thursday a 28 percent rise in profits that  fell short of consensus expectations, as a recent jump in  operating expenses offset market share gains against rivals.
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Shares of Google Inc. hit a new high on Monday, giving the Web search leader a bigger market value than rival Yahoo Inc., as traders who had shorted the stock scrambled to buy back scarce shares after Google's better-than-expected quarterly results last week.
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The stock market surged last week on robust earnings from technology companies.
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In the most highly anticipated Wall Street debut since the heady days of the dot-com boom, shares of Google surged nearly 20 percent on their first day of public trading Thursday as the quirky Internet company completed its much-hyped initial stock ...
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Internet search engine Google Inc said its net profit and sales more than doubled in the third quarter, spurring a spectacular jump in its share price.
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In a debut vaguely reminiscent of the heady days of the dot-com boom, shares of Google Inc. surged in their first day of public trading Thursday as investors who avoided the company&#39;s auction-based offering readily jumped into the familiar territory of ...