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Google Stock Rose $89.87 In A Single Day

By: Chris Desouza
Published: April 20th, 2008

chrisdesouza.com - google stock (goog) rose $89.87 in a single day

Something remarkable happened on April 18, 2008. The battered shares of Google : Nasdaq : (GOOG) rose $89.87 in just 1 trading day. I will leave the analysis of this meteoritic jump in Google share price to the experts. My summation of this event is simply - How could a brazen output of data released by Com Score, smother a high rise stock like Google’s to the pits? And Google proved it otherwise.

chrisdesouza.com - google stock (goog) rose $89.87 in a single day

I am not a financial expert. but I have a good sense of future trends. I was never bullish on Google’s PPC revenue model, if this was the (be it all) that Google sustained on as a company. But at the same time, the Internet is growing by leaps and bounds. Although the economy as it seems is going to the drain, the Internet still holds a lot of appeal for businesses and individuals to try their hand on entrepreneurship and newer business models not influenced by general economic woes.

When it comes to search, Google is still king. Google still holds a lot of sway when it comes to small businesses taking their company to the next level. Well, if only you had 1000 shares of Google on April 18, 2008 - You’d be $89,000 plus richer in a single day.

Those pay per click ads are not going away any time soon.






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