Google's shares hit new record today

Posted on Saturday, April 23 2005 @ 1:33 CEST by Thomas De Maesschalck
Google's shares reached new heights today after reporting impressive first-quarter results on Thursday. With a gross revenue of $1.26 billion, Google is now bigger than some traditional media channels such as Clear Channel Communications which had a revenue of $964.5 million in its most recent reported quarter.

Today Google's shares jumped nearly 10 percent to $224 in the morning - a new record. The previous record height was $216.80 in February. But by the close of the trade shares had dropped almost 6 percents to $215.81.

More info about Google at Reuters

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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