Saturday, December 21, 2013

Google (GOOG) and Amazon.com (AMZN) Close Above $1100 and $400, Respectively

On 20 December 2013, Google (GOOG) hit and closed about $1,100 for the first time in its history. Also on 20 December 2013, Amazon.com (AMZN) hit and closed about $400 for the first time in its history.

GOOG closed above $1,000 for the first time on 18 October 2013. It took GOOG 63 days to increase $100. AMZN closed above $300 for the first time on 12 July 2013. It took AMZN 161 days to increase $100.

GOOG closed on 20 December 2013 at $1,100.62 (intra-day high was $1,101.17) giving Google Inc. an approximate market value of $367.7 billion. AMZN closed on 20 December 2013 at $402.20 (intra-day high was $404.72). giving Amazon.com Inc. an approximate market value of $184.1 billion.

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