Last Friday, Google's stock price rose 16,8%, adding nearly $68 billion to its market value. companys.
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.
The gains from the increase in the value of the company's stock were greater than its total market capitalization 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 such a big increase in the share price? Google said Thursday that clicks on YouTube grew 60 percent in the second quarter of 2015 and that the video service had the most mobile viewers ages 18 to 49 of any cable provider. Internet in the USA.
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 that Facebook and leaves no doubt to investors where to throw their funds.
