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.
Long story short, there is absolutely no reason to debate about this anymore, since Google stock price is 5 times its initial value and 5 years later the company has the market value of $175 billion dollars.
The initial climb was the most impressive as the google stock price rose to over $100 in the first day, and then doubled within the next three months.
Lots of analysts are still debate the value of Google company, but now it's more a matter how quickly it will grow and how much more.
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.
Find Google stock price at anytime by going to any search engine, especially Google.com, by typing the company's exchange symbol, "Goog". There you will see the up to date Google stock price easily.
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. - 22871
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.
Long story short, there is absolutely no reason to debate about this anymore, since Google stock price is 5 times its initial value and 5 years later the company has the market value of $175 billion dollars.
The initial climb was the most impressive as the google stock price rose to over $100 in the first day, and then doubled within the next three months.
Lots of analysts are still debate the value of Google company, but now it's more a matter how quickly it will grow and how much more.
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.
Find Google stock price at anytime by going to any search engine, especially Google.com, by typing the company's exchange symbol, "Goog". There you will see the up to date Google stock price easily.
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. - 22871
About the Author:
Anne Durrell comes from California. She began writing about online trading several years ago. You may want to check out her other guide on shares prices tips, and free online stock trading guide!
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