Skip to content
Subscriber Only

Google Rises to Record on Investor Optimism on Growth Prospects

Google Inc., operator of the world’s largest search engine, closed at a record high after reporting earnings last week that topped estimates, buoying investor sentiment about growth prospects.

The shares advanced 2.6 percent to $775.60 at yesterday’s close in New York, their highest value since the company went public in August 2004. They have gained 34 percent in the past 12 months, compared with a 14 percent increase for the Standard & Poor’s 500 Index.