Piece on Google Stock from SAI
“Google went public five years ago today for $85 per share, and the stock closed the first day at $100.34. Five years later, Google is worth $444.56, or roughly a 340% gain. Over that span, the NASDAQ is flat.
Google set its all-time high on Nov. 7, 2007, at $747.24, and over the next year, lost almost two thirds of its value, hitting its recession low at $247.30 on Nov. 21, 2008. Since then, shares are up 80%.”
Found this short piece very interesting in an email blast from SAI. Had no idea that IPO was only five years ago.
