Google (GOOG) Stock Surges 4.5% Amid Strong Financial Performance

Dec 16, 2024

Google (GOOG, Financial) stock experienced a significant rise of 4.5%, reaching $200 per share with a trading volume of 15.49 million shares. The company's recent financial report shows revenue of $88.25 billion, net profit of $26.3 billion, and earnings per share of $2.14. The gross profit stood at $51.78 billion, with a price-to-earnings ratio of 26.52.

Among 67 rating agencies, 81% recommend buying, and 19% suggest holding the stock. The internet information services sector, where Google operates, saw an overall increase of 2.44%. Other notable stocks in the sector include Nebius Group N.V. and Trump Media & Technology Group Corp, showing significant activity and price fluctuations.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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