Google shares soar past $300 mark
28 June 2005
Google's share price rose $6.85 to $304.10 on Monday, topping $300 for the first time.
The Mountain View-based firm, founded just seven years ago, is now worth around $84.5 billion, more than US giants such as Time Warner and Hewlett-Packard
Since its initial public offering (IPO) less than a year ago, shares in Google have risen 258 per cent from an initial IPO price of $85.
Google is one of the world's fastest-growing firms and the most popular search engine globally, making nearly all of its money from online advertising.
The search giant reported in late April that first-quarter profit soared 500 per cent from a year earlier. And is due to report second-quarter results next month.
Apply for your free web assessment - get a complete health check and optimisation action plan from Weboptimiser, the experts.
Related news
|
|
Leading brand search engine marketing since 1996
Founded in 1996 as an SEO company, Weboptimiser is today one of the Internet marketing sector's best-known and most respected search engine optimisation (SEO) and pay per click (PPC) search engine marketing companies.
With a unique portfolio of brand-friendly services, including usability, contextual advertising and web analytics, a pioneering methodology that covers all 4 stages of interaction between a web site and its visitors, we make our clients sites faster, smarter, busier and more profitable.
