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Sunday, June 21, 2009

Google Stock Price - What Is It?

By Anne Durrell

Google stock price started out at an initial public offering of just $85 per share in August of 2004. At the time analysts debated whether or not the company was worth it.

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.

Five years later Google Company has the market value of $175 billion dollars and its stock prices is 5 times bigger than its initial value. So there is no reason for analysts to debate about this anymore.

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.

Analysts still debate the value of the company but it is more a matter of how much more it will grow and how quickly.

Obviously the early growth was unrealistic and unsustainable, but over the past few years the company has settled into a more traditional growth pattern with exception of the recession which has been detrimental to the entire tech sector and the entire marketplace.

No stock comes with a guarantee, but investors have shown that they are confident that Google is a solid, reliable company that is 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".

Note that Google has two types of stocks that are Common and Preferred. Usually Preferred stock prices are higher since the holders are paid dividends before they are distributed to all the common stock holders. However, both of them have voting rights. - 23212

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