Just over three years after Google’s famous August 2004 IPO, shares in the search firm have surged past $700/share trading earlier today at $704.79.
In the past six weeks alone, Google’s market value has increased by more than 30% as share prices rose from $600 to $700 on news of Google’s Q3 results and plans to enter the social networking scene.
Google, which is now worth more than Cisco Systems and Berkshire Hathaway Inc. is the Silicon Valley’s most valuable publicly held company.
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