GOOG (stock), Google's stock, has surpassed the landmark price of $500 per share. The stock closed last night at $509.65, making many stock holders and Google employees very happy.
I am shocked it is so high, but I thought the price it was set at for the IPO was way too high also. I guess that is why I am not a day trader or investment banker.
Many folks in the forums agree with me about the price, but still, the price is the price and some figure it will hit over $600 by the end of the year.