Details Of Google Stock Price
Many analysts debated when Google stock price started out at an initial public offering for only $85 per share back in August 2004.
So much of Google’s value was intellectual property as opposed to real property and the market was not used to the idea that internet companies could be so valuable.
Well in hindsight there was certainly no reason for debate as five years later, the Google stock price is five times its initial value and the company as a whole has a market value of $175 billion dollars.
Do you know that google stock price rose to over $100 on their very first day hit the market and then doubled within 3 months after that.
Now that analyst debate on different things on Google company, they debate on a matter of how much more it will grow and how quickly.
Though the early growth of the company was unsustainable and unrealistic, but over the past few years their stocks has settled into a traditional pattern growth, but with the exception of the recession which has been detrimental the entire marketplace and tech sector.
Investors has sown that they are very confident with Google company, even though there is no stock comes with guarantee, but Google seems will not likely to significantly lose value, at least not relative to the market as a whole.
You can find Google’s up to date stock price at any time by searching using company’s symbol “GOOG”.
It is also important to note that there are two types of Google stock, Preferred and Common. Preferred stock prices are traditionally higher because these stock holders are paid dividends before dividends are distributed to all the common stock holders. Both types have voting rights.