Forget the 800-lb gorilla. Google has billions of dollars more to worry about now that its shares have surpassed the $800 mark for the first time.
According to Mercury News:
The milestone comes more than five years after Google’s shares initially hit $700. Not long after breaking that barrier in October 2007, the economy collapsed into the worst recession since World War II and Google’s stock tumbled into a prolonged malaise that eventually led to a change in leadership.Things have changed lately. Google is hot. Their mobile is booming despite having challenges with Motorola. Their search domination hasn’t seen a dip. Their direction is strong.
