Google stock price hits new closing record
Google's stock price closed at a record high yesterday, peaking at $806.85. It's a record high for the tech and search engine giant, who has been enjoying the recent buzz surrounding the upcoming unveiling of its first ever retail stores. The stores are rumored to be opening sometime towards the end of this year.
The stock price jumped 14% since January of this year, marked by the strong adoption of Google's Android OS, as well as sales of its flagship phone Nexus 4, and the Nexus range of tablets. the company also posted a strong fourth-quarter earning, reporting $50 billion in annual revenue.