Google’s stock price is surging, up over $80-a-share in after-hours trading. This is a huge gain of over 17 percent. The stock is back above the $500-a-share mark for the first time since the end of February.
One of the big reasons for the surge? Huge growth in international markets and paid-click numbers that proved the speculators wrong (as we have suggested multiple times).
We are on the Google call right now and will update with more information when it’s over.
3 Comments
-
Mircea said:
So, it wasn’t that bad after all…I wonder how many times Google will beat the analysts.
-
MG Siegler said:
@mircea - I think it’ll go back and forth. analyst raise expectations after a homerun, google misses, analysts lower expectations, homerun.
-
Mircea said:
Yeah, I guess you’re right. Nobody knows for sure…and that it’s the charm of this game.
