GOOG, More Than $500

GOOG, More Than $500

CNN Money reports that for the first time, Google stock jumped above $500. "Google is up more than 20 percent this year, far outperforming fellow Internet giants Yahoo!, eBay and Amazon.com, whose shares have all slumped in 2006. Google went public in one of the most widely awaited IPOs in recent memory in August 2004 at $85 a share."

Google shares closed at $509.65.