Friday, October 21, 2005

Monster growth, monster stock

Google reports third quarter results:
... revenues of $1.578 billion for the quarter ended September 30, up 96% compared to the third quarter of 2004…

Yes, rub your eyes a bit. That's 96%.

The stock was up $36 today. Yep. you read right. $36. ~11%.

That means their market cap jumped by like $6B in one day.

Holy tap-dancing traders, batman!

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