Google starting to threaten Microsoft's market cap

FSOwner

FS Owner

After blowing out Wall Street's third-quarter expectations Thursday, Google saw its stock skyrocket $60.52, or 11 percent, to $601.45 per share today -- still rising in after-hours trading.

Perhaps more notable to Microsoft followers, however, is that the Internet giant's market valuation is now above $191 billion (and it was at $188 billion last night). As Matt Rosoff of Silicon Alley Insider notes, that's getting within striking distance -- by 16 percent -- of Microsoft's market capitalization, which was $221 billion after the bell today...

News Source:
Seattle PI's Microsoft Blog
 
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