Ron Burgundy Posted July 17, 2015 Share Posted July 17, 2015 (Reuters) - Google Inc's shares surged as much as 14.5 percent on Friday, adding nearly $60 billion to its market value, as strong growth in mobile ad revenue allayed concerns its YouTube business could be hurt by Facebook Inc's push into video. The surge in the stock, which sent the Nasdaq composite index to a record intraday high, came a day after Google reported better-than-expected revenue and profit for the first time in six quarters. Shares of Google, the world's most valuable company after Apple Inc , hit a record high of $688.81, valuing the Web search giant at about $460 billion. View the full article Quote Link to comment Share on other sites More sharing options...
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