Reason stopped at companies like google dream
New York - Google's stock price surged in trading ahead of this weekend. Google's gains after the release of the company's earnings report.
In the early trading session, rose up to add a stock market capitalization of US$ 52 billion.
Strengthening Google shares continued until close of stock trading. Until finally recorded additional stock market capitalization of around US$ 65,1 billion. Google's market capitalization is estimated at US$ 400 billion.
Howard Silverblatt, stock market observers said the impact of Google shares surge on stock index S&P 500 that grow six points at the close of stock trading ahead of this weekend. With the rise of Google's stock has broken the record for Apple. On April 2012, Apple's market capitalization reached US$ 46,4 billion.
Google shares rose 16 percent to US$ 699,2 at the close of trading on Friday. The biggest gains in a single day. Google's stock has gained 26 percent in five today. "This is a good move. The market capitalization of the stock to be great. Google shares this motion so the determination after entering a consolidation phase," said Walter Todd, Director of Greenwood Capital Associates LLC, as quoted by Bloomberg pages, Saturday (18/07/2015).
Google shares traded in two Thicker, (GOOGL) and (GOOG). The first is Class A shares, shareholders shall have voting rights. Both are Class C shares, which do not have voting rights. Both types of shares equally affect the movement of the stock index S&P 500.
(Liputan6.com)
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