Google's Market Cap surges over $400 billion for first time
Washington, Feb. 12 : Google's stock reportedly plummeted to an all-time high of 1,191 dollars, following which its market cap hit 400 billion dollars for the first time in its history.
The increase in Google's stock comes nearly two weeks later after the company released its fourth quarter earnings report and announced plans to move forward with a long-delayed stock split.
According to the Mashable, the company's stock hit 1,000 dollars for the first time in October, driven by a strong third-quarter earnings report and investor optimism for Google's ad revenue growth and efforts to innovate in various product categories.
Google recently overtook ExxonMobil's market cap to become the second most valuable company. It is about $80 billion behind Apple, one of its chief competitors and the most valuable company in the world.
--ANI (Posted on 12-02-2014)
Share this Post:
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
MORE MAPS OF INDIA:
INDIA CITY MAPS:
KERALA TRAVEL MAPS: