how much was google stock in 2008

What was the stock price of Google when it went public?

The History of Google’s Stock Price by Markets Insider. Google’s IPO took place on Thursday, August 19, 2004. Google offered 19,605,052 shares at an initial stock price of $85 each. The sale of 1.67 billion dollars at that IPO gave Google a market cap of over $23 billion dollars.

When did Google do its first stock split?

The 1st stock split took place on March 27, 2014. The company’s 2nd stock split took place on April 27, 2015. Major acquisitions. Google 1st major acquisition occurred in October 2006, when the company announced that it had acquired major video sharing platform YouTube for $1.65 billion.

When did Google get its first funding?

Google received its 1st round of venture capital funding in August 1998. Incorporation. Google registered the domain www.google.com on September 15, 1997. The company incorporated a year later on September 7, 1998.

Where is Google listed on the stock market?

Today the company is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG, and on the Frankfurt Stock Exchange under the ticker symbol GGQ1.

How much would I have if I invested $1000 in Google?

Currently, Alphabet has a market capitalization of $1.86 trillion. Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 15 years ago, it would be worth $12,296.42 today based on a price of $2821.60 for GOOGL at the time of writing.

What was the stock price of Google in 2005?

Current Value of Shares Bought at High Price on IPO Day Now this is assuming you bought at the $85 IPO price -- an unrealistic assumption for most folks.

What was Google stock in 2007?

Google made its initial public offering in 2004 at $85 per share, peaking at $714.87 on December 7, 2007.

What was the price of Google stock in 2004?

$85If You Invested in Google After Its IPO Google held its IPO on Aug. 19, 2004. The company went public at $85, sold 22.5 million shares and raised over $1.9 billion.

What will Google stock be worth in 2030?

Based on long term forecasts, the price of Alphabet (GOOG) will increase to $3,000 by the end of 2022 then $3,500 in 2023. Alphabet stock will keep rise to $4,500 in 2025, $5,800 in 2027 and $6,800 in 2030.

What was the price of Google stock in 2012?

$282.54Motley Fool ReturnsDatePriceAnnualizedApril 2011$265.6220%June 2012$282.5425%November 2012$331.8523%April 2014$523.1014%10 more rows•Jun 30, 2016

How much will Google stock be worth in 5 years?

Google Stock Forecast 2024-2028 These five years would bring an increase: Google price would move from $2,957 to $5,457, which is up 85%. Google will start 2024 at $2,957, then soar to $2,984 within the first six months of the year and finish 2024 at $3,321.

What was the price of Amazon stock in 2008?

The closing price for Amazon (AMZN) in 2008 was $2.56, on December 31, 2008. It was down 46.2% for the year. The latest price is $109.65.

When did Google stock split in 2014?

3 April 2014Google stock split example For an example of the Google stock split on 3 April 2014, let's assume that a trader owned 1000 Google shares before the split. After the split, they would now own 1000 shares of Google class A, as well as 998 shares of Google class C, since the split was 1998/1000.

What was Google stock price 2015?

619.9836Google stock price history in 15 yearsYearAverage Stock PriceAnnual % Change2016763.21421.86%2015619.983646.61%2014568.4283-5.59%2013443.489758.43%11 more rows•Feb 7, 2019

Did Shaq invest in Google?

Shaq invested in Google's 1999 Series A at a $100 million valuation. Today, Google (Alphabet) is worth 1.89 Trillion.

What was Google stock in 1998?

Sure, it would have been great to get into Google at its IPO price of $85/share, especially as the shares are up over 535% since then. But Bezos got in, after adjusting for stock splits, at EIGHT CENTS PER SHARE!

How much was Google worth in 2007?

That’s because you could have roughly tripled your money: A $1,000 investment in Google, as represented by its parent company Alphabet in the below graphic, in 2007, would be worth $2,922 as of October 31.

What do the blue dots on a stock represent?

In the graphic, the blue dots are equivalent to a $1,000 initial investment , and the pink dots equal the investment’s current total value.

Does Google stock perform well?

Keep in mind, though, that while Google’s stock has performed well, any individual stock can over- or under-perform and past returns do not predict future results.

Did Google exist before Larry Page?

Search engines had already existed when Larry Page and Sergey Brin decided to by thinking up and presenting the world with Google.

When did Google bottom out?

Since bottoming out in November 2008, and after adjusting for its stock split, Alphabet ( NASDAQ:GOOG) ( NASDAQ:GOOGL) has had a stock price history that's the envy of the market. Better known as "Google," this company has seen its stock rise relatively uninterrupted for almost seven years.

Why did Google change its name to Alphabet?

That's why it changed its name to Alphabet last year -- to focus on the fact that the company is making lots of "bets" outside of search. The laboratory that's pursuing these bets is called X, and it is headed up by Google co-founder Sergey Brin.

What happens when you buy Alphabet shares?

In essence, by buying Alphabet shares, you get two businesses: the king of mobile advertising in Google, and a host of moonshots that could change the world. After the stock's recent fall, it is trading for just 20 times expected earnings over the next 12 months. I think that's a pretty good deal.

How much did Google stock price drop after IPO?

Like most stocks, Google’s stock price slid from its IPO price of $85 per share a few weeks after its initial offering. This is because during an IPO, the goal is to generate as much capital as possible by selling initial shares of stock at the highest price possible.

What is the highest price paid for Google?

The highest price ever paid for Google was $2,152 on February 16, 2021.

What was the lowest price Google paid?

The lowest price ever paid for Google’s stock was $49.29 per share. This price was reached on September 2, 2004. Like most stocks, Google’s stock price slid from its IPO price of $85 per share a few weeks after its initial offering.

How much has Google stock returned in 2020?

Google’s stock has historically produced impressive returns year after year. In 2020 alone, Google’s stock has returned 30% from its beginning of year price, which is significantly higher than the company’s annual average return of 7% to 14%, which it has shown over the last 5 years.

What is Google's backrub?

The search engine was originally named “BackRub,” a nod to the fact that its technology uses backlinks to determine how important each result is. Google received its 1st round of venture capital funding in August 1998. Incorporation. Google registered the domain www.google.com on September 15, 1997.

When did Google buy YouTube?

Google 1st major acquisition occurred in October 2006, when the company announced that it had acquired major video sharing platform YouTube for $1.65 billion. On August 11, 2011, Google made its largest acquisition to date when it announced that it had acquired Motorola Mobility for $12.5 billion.

When did Google go public?

Google went public on August 14, 2004. At the IPO, Google’s founders offered 19,605,052 shares at a price of $85 per share. Shares were offered using an online auction format. At the closing of the IPO, Google had a total market capitalization of more than $23 billion.

How much did Google make in 1999?

In 1999, Google earned $220,000 in annual revenue. Four years later, in 2003, it brought it nearly $1 billion, earning the title of “Fastest Growing Tech Company in North America,” according to Deloitte’s 2004 Technology Fast 500 ranking.

Who was the CEO of Google in 2001?

Google’s rapid growth opened up major doors for expanding the business. In 2001, Page and Brin hired Eric Schmidt as Google’s CEO to help them grow the company. With Schmidt in charge, Google quickly expanded beyond its core identity as a search engine.

When did Google buy YouTube?

Google acquired smartphone platform Android in 2005 and added YouTube to its portfolio in 2006. The company also bought Motorola Mobility in 2011 to step up its smartphone production process and smartphone navigation app Waze in 2013. It total, Google has acquired more than 200 businesses, and by 2010, it was purchasing companies at an average pace of two per month.

When was Google created?

Google was founded in 1998 by two Stanford Ph.D. students, Sergey Brin and Larry Page. The pair wrote and published a paper about developing a “prototype of a large-scale search engine,” which became the first iteration of the Google we know today.

When did Google go public?

Getty Images. Under Schmidt’s leadership, Google also went public on Aug. 19, 2004, and raised $1.67 billion with a share price of $85. Not only was its debut on Wall Street one of the biggest the tech sector had ever seen, but it also drew attention to the company and helped garner new Google users.

When did Google start advertising?

In 2003, Google launched AdSense, an advertising program used by website publishers to target users. Venturing into the advertising space has proved profitable for Google, with 85% of its total revenue is still generated by advertising tech.

When did Google turn 21?

Carsten Koall/Getty Images. On Sept. 27, Google turned 21. The tech giant has a lot to celebrate after more than two decades in business: It’s one of the world’s most visited websites and its name is so popular it’s been deemed a verb in the English dictionary ( No, seriously — Google it! ). Google’s success since going public has turned out ...

When did Google hit a low?

Google hit a low of 247.30 in November 2008. But it rallied sharply from there, hitting a high of 381 in February. That's when it started forming the bottoming base (1). The cup base was nine weeks long and the breakout was during the week ended April 17, 2009, when shares jumped 5.3% in higher volume (2).

When did Shake Shack break out?

Shake Shack ( SHAK) just broke out of a bottoming base. It soared out of a cup base at 63.90 during the week ended Aug. 28, 2020. The base formed after Shake Shack more than doubled after a hitting a low of 30.10 in March.

Is overhead supply an issue for Google?

But overhead supply wasn't an issue for Google stock when it cleared the bottoming base. After the breakout, it came down to its 10-week moving average and found support. It rallied 17% from the 381.10 buy point before settling into a new base. It cleared a new base with a 447.44 entry in late July (3).