Finding the Best Google Stock Price
Google stock price started out at an initial public offering of just $85 per share in August of 2004. At the time analysts debated whether or not the company was worth it.
Google value was intellectual property instead of real property, and that time the market was not ready to the idea how online companies can be so on demand and valuable.
Well in hindsight there was certainly no reason for debate as five years later, the Google stock price is five times its initial value and the company as a whole has a market value of $175 billion dollars.
Do you know that google stock price rose to over $100 on their very first day hit the market and then doubled within 3 months after that.
Now that analyst debate on different things on Google company, they debate on a matter of how much more it will grow and how quickly.
It is clear that early growth of Google company was really not realistic and not sustainable, but it’s been the past few years their stocks has settled into more traditional growth pattern with the exception of today’s recession which has been hit the entire sector and marketplace.
Many investors has a great confident on Google stocks even though no stocks comes with guarantee, but as a reliable company, Google is not likely to lose value significantly, at least not like any other marketplace as a whole.
You can find Google’s up to date stock price at any time by searching using company’s symbol “GOOG”.
Note that Google has two types of stocks that are Common and Preferred. Usually Preferred stock prices are higher since the holders are paid dividends before they are distributed to all the common stock holders. However, both of them have voting rights.
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