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July 24, 2011 08:40 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N3BNoJwFpKM/
With A New Sense Of Purpose, Google's Market Cap Closes In On $200 Billion
Google's stock is reaching its highest value over the past six months, trading as high as $619.50 share On Friday, putting search giant just shy of a $200 billion market cap. In fact, Google's stock closed at $618.23 on Friday, giving the company a $199.23 market cap. The last time Google traded above $600 was in the first week of March. Of course, at that time the company had a different CEO (now chairman Eric Schmidt), and no meaningful social products on the market.While Google's stock was skyrocketing earlier this year, in April the company, under the new regime of Larry Page, reported slightly lower than expected earnings, and the company's stock price fell to $519 per share.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N3BNoJwFpKM/
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