Google Inc. (Nasdaq: GOOG) has passed Exxon Mobil Corp. (NYSE: XOM) in market value, making it the second most valuable U.S. company.
Shares of Google have soared by 66% since January 2013 to a market cap of $393 billion, while Exxon has crawled along at 5% during the same period to a $391 billion market cap. (Read the full article here)
Both companies trail Apple Inc. (Nasdaq: AAPL), which has a market capitalization of $463.55 billion.
Here's Where Google (Nasdaq: GOOG) StandsGOOGLE-A NASDAQ: GOOG Feb 11 12:56 PM loading chart... Price: 1,182.80 | Ch: 9.87 (0.8%)Google (Nasdaq: GOOG)
Share price: US$1178.31
Market cap: US$395.82-billion
Year-to-date stock performance: +5.39%
5-year stock performance: +217.45%
Dividend yield: 0
P/E: 32.29
Top holders:
FMR LLC 6.59%
Blackrock 5.73%
Capital Group Co. 4.8%
Google's market value will continue to grow, and as android phones and tablets steal market share from Apple, it would be no wonder if Google soon surpassed Apple in the race to be the biggest U.S. Company.
Related ArticlesGoogle (Nasdaq: GOOG) Earnings Miss: Why Shareholders Shouldn't Fret
Google Inc. (Nasdaq: GOOG) stock was mostly flat in after-hours trading after reporting Q4 earnings per share (EPS) of $12.01 on revenue of $16.86 billion. Analysts had projected EPS of $12.19 on revenue of $16.76 billion.
Google (Nasdaq: GOOG) Stock Slumps – But Outlook Still Bright
Thursday after the close, Google's posted Q2 profit of $9.71 billion, or $9.54 a share, up 19% from $8.54 billion, or $8.42 a share, in the same quarter a year earlier. Revenue rose to $11.1 billion from $9.61 billion.
Read more stories about Google.
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