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October 18, 2013 02:05 pm -04

Google Stock Hits $1,000 for First Time Ever

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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

See also: The 15 Fastest-Growing Internet Stocks

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...

More about Google, Stock, Wall Street, and Business

Original Link: http://feeds.mashable.com/~r/Mashable/~3/XQpbI2WniKs/

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