Google’s stock reached an all-time high yesterday, continuing an upward trend by reaching a price of $750.04 in trading yesterday.
By midday yesterday Google’s stock had risen to $748.90, reaching a high of $750.04 before dipping a little to $749.38 at the close of the stock market.
This is the first time since November 2007 that the search company’s stock has reached these levels and the closing price is a new record for Google. Previously the highest price that Google’s stock closed at was $741.79.
Google’s stock has gone up over 30% over the last three months and Citigroup analysts have raised the price target on Google from $740 to $850.
Source: AllThingsD