“Google’s big rally is still no match for the big Apple,” Steven Russolillo reports for The Wall Street Journal.
“Friday’s surge pushed Google shares above $1,000, making the Internet search giant only the second S&P 500 company to cross the millennium milestone,” Russolillo reports. “Google now has gained 1,090% since it went public at $85 a share in the summer of 2004.”
“Shares of the iPhone and iPad maker [AAPL] have risen by nearly three times as much as Google’s since the day Google went public. Back then, Apple traded at $15.36. It closed Friday at $508.89, good for a 3,213% rally,” Russolillo reports. ” Apple still holds the title of world’s largest technology company as well. The company currently sports a $462 billion market capitalization, tops in the S&P 500. Google’s $336 billion market capitalization ranks third.”
Full article here.