Google celebrates 10 years on market

By Dow Jones newswires

The stock has risen 1,294 per cent since it went public on August 19, 2004, meaning a $US10,000 ($10,724) investment in Google at its $US85 IPO price would be worth $US139,458. 82 today. Google's 30. 15 per cent compounded annualised return over the past decade outpaces the 6. 1 per cent annualised gain of the S&P 500 over the same time frame, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.

Read more here: Business Spectator


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