Google stock surges after profit sails past expectations
USA TODAY - 10/21/2005 1:09 PM
By Jefferson Graham, USA TODAY
Google stock soared Friday, continuing Wall Street's love affair with the company after its earnings easily topped estimates.
Investors pushed the stock of the Internet search powerhouse up more than 12% in afternoon trading, following a similar gain after-hours Thursday after Google vastly surpassed Wall Street estimates with its third-quarter earnings report.
The stock rose $37.13, or 12.3%, to $340.33.