How did Google 68 double in one day


Last Friday, Google's share price rose by 16,8%, adding nearly 68 billion to the company's market value.

The increase in the share price, which sent the Nasdaq composite index to an intraday record, came a day after Google's announcement that was much better than expected for the first time in six quarters.google money

The earnings from the company's share price increase were greater than the total capitalization of Caterpillar Inc.

Google's shares reached the record price of 703 dollars, valuing the company at 471,50 billions of dollars and confirming its position as the second most valuable company in the world after Apple Inc.

At the highest target price, Google will have to be valued at 545 billions of dollars, while Apple at 740 is worth billions of dollars.

But why so much increase in share price? Google said on Thursday that YouTube clicks increased by 60% in the second quarter of 2015, and that the video service had the most viewers from mobile ages from 18 to 49 at any US cable service.

Naturally, the fact that clicks are increased means money itself (see ads), something that has not gone unnoticed by the stakeholders.

So Google goes far beyond Facebook and leaves investors in no doubt about how much they should invest.

 


 

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