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Rediff.com  » Business » Google stocks cross $800 mark for first time

Google stocks cross $800 mark for first time

February 20, 2013 10:44 IST

GoogleGoogle's shares have vaulted above the $800 threshold for the first time ever, as the world's No.1 search engine continues its impressive performance in 2013.

The latest rally gives Google a market capitalisation north of $264 billion and comes as the major market indexes edge closer to all-time highs.

According to Fox News, the US-base firm the $-800 mark for the first time ever on Tuesday, trading as high as $804.00 during intraday trading.

In recent action Google was up 1.11 per cent to $801.71, giving it a 13 per cent rally so far this year.

According to the report, the firm climbed to a new record high earlier this month of $775, eclipsing prior records set in early October.

Last month Google beat the Street by revealing a 6.6 per cent increase in fourth-quarter profits thanks to a 36 per cent leap in revenue, the report said.

Source: ANI