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Google stocks cross $800 mark for first time

Source : ANI
Last Updated: Wed, Feb 20, 2013 04:20 hrs

Google's shares have vaulted above the 800 dollars threshold for the first time ever, as the world's No.1 search engine continues its impressive performance in 2013.

The latest rally gives Google a market capitalization north of 264 billion dollars and comes as the major market indexes edge closer to all-time highs.

According to Fox News, the US-base firm the 800 dollars mark for the first time ever on Tuesday, trading as high as 804.00 dollars during intraday trading.

In recent action Google was up 1.11 percent to 801.71 dollars, giving it a 13 percent rally so far this year.

According to the report, the firm climbed to a new record high earlier this month of 775 dollars, eclipsing prior records set in early October.

Last month Google beat the Street by revealing a 6.6 percent increase in fourth-quarter profits thanks to a 36 percent leap in revenue, the report said. (ANI)



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