Thursday, June 16, 2005

Google Becomes World's Biggest Media Company
(Search Newz)

“Since Google has become a publicly traded company, their value has done nothing but increase. Since the first day of trading, Google's stock has continued to increase in price and value.

Starting at a rate of $85 a share, Google's stock price has steadily increased to its current rate of $283.77 (which is actually down from an almost $300 high). Because of this exponential increase, Reuters is reporting that Google is now the world's largest, most valuable media company, all in just 10 months worth of trading.”