Google Stock Hits $1,000, All-Time High

Milestone after stronger-than-expected earnings

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Andrew Kelly / Reuters

Google's logo is seen at the company's New York City office.

Google’s stock price surpassed $1,000 per share Friday morning following stronger-than-expected earnings results, setting a record high for the 15-year-old Internet company that went public in 2004.

The tech giant joins an elite group of three other companies trading on major exchanges with stock values of more than $1,000 — Warren Buffet’s Berkshire Hathaway, Priceline, and Pork processor Seaboard, USA Today reports.

Google stock opened Friday morning up 10 percent, and climbed higher following the company’s Thursday announcement of quarterly earnings of $2.97 billion, up 23 percent from the same period last year.

1 comments
belindasummers
belindasummers

I'm not totally surprise on how these things happen. Google is the biggest name in the internet world when it comes to online advertising. :)