Google is now steadily gaining steam in the stock market. Just this month we reported that a share of Google's stock would sell for about more than $600, yesterday, Google has passed the $700/share mark.
More than $700 per share means that Google is now worth more than $220 Billion dollars and that can virtually buy anything. This milestone shows that since Google's IPO in August 2004, they have grown more than 720%. For anybody owning stocks of the giant, this is a happy halloween.
There was however a sudden leap for the stock of Google following speculations of the GPhone and their recent launch of Open Social API.
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