Google Shares, Once Devalued, Just May Be Winners After All
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Wall Street, which forced Google, the Internet search engine, to lower the price of its shares sharply in its initial public offering in August, has decided that the company is worth a lot more today than it was then.
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Shares of Google are on the way up again on their second day of trading.
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Googleâs share of the search market keeps growing, and no one seems willing to bet that will change soon. Body:\
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Google Inc. may be subject to the law of gravity, after all. Its shares, which more than doubled in the two months after the company's Aug. 19 initial public offering and traded as high as $201.60 on Nov. 3, have slipped about 17 percent over the past two weeks. They closed at $167.54 yesterday, down 2.88 percent for the day, ...
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A flood of Google Inc. shares that could dwarf the size of the Internet search company&#39;s initial public offering will become free to trade in the next few months
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Google's growth may be chaotic, but will it help the company take over the world?
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Google Inc.&#39;s stumbles shouldn&#39;t be used to write off the idea of employing auctions to sell stock to the public. Certainly, the initial public offering of the Internet search
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Google's spooky valuation could drive investors batty.
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Microsoft made almost $3 billion in profit in the past quarter, but it was Google that captured investors&#39; fancy yesterday. The current and former Wall Street darlings reported their earnings after the stock
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The long-anticipated day is here. Google stock begins trading on the Nasdaq, even though mediocre market conditions and some fumbling by the company have taken the bloom off the rose.
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Google investors may find out this week whether there really can be too much of a good thing.
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Friday the 13th was decision day for investors weighing whether to bid for shares in Google Inc.'s initial public offering. The big question now is, how many of them were feeling lucky on an unlucky day.
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Few companies can offer Wall Street a 28 percent gain in profit and a 58 percent increase in revenue and then have their stock prices drop. But that's exactly what happened to Google, which had repeatedly exceeded the quarterly targets set by financial analysts -- until now.
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As the stock prices of companies like Google and eBay soar, happy days are here again for the Internet analyst.
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Google's growth is chaotic, but will it help them take over the world?
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Google Inc.'s initial public offering took a major step forward as the company notified investors that today may be their last chance to submit, withdraw or change bids in the unusual &#36;3 billion electronic auction for stock in the Internet giant.
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GoogleÂs shares gained $14.60, or 3 percent, to close at $509.65, passing the $500 mark for the first time.