Google Stock History, Everything you need to know| North Loop Official Blog
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19 Oct 2020

Google Stock History, Everything you need to know

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Alphabet Inc (Google)- Background and Overview

Alphabet Inc is a collection of several companies headquartered in California, with Google being the biggest multinational corporation under its belt. Alphabet also has companies like Calico, Verily, Sidewalk Labs, etc as its subsidiaries. Google LLC is a multinational Information Technology company providing a wide range of products and services such as search engines, online advertising, artificial intelligence, cloud computing, consumer electronics, multimedia platforms, etc.
Google was founded by Larry Page and Sergey Brin all the way back in 1995 and it was initially established as a software identifying the number of backlinks a website has. Google later went on to expand into a search engine containing information about almost everything in existence.
After a series of funding rounds, Google managed to rake up enough money to expand into a plethora of products and services, and at the same time has managed to make 113 investments and 243 acquisitions of companies. Google makes hundreds of products used by billions of people across the globe.

The company, led by CEO Sundar Pichai, operates a globally recognized operating system too, going by the name of Android, present in the majority of today’s smartphones.
Google makes a large portion of revenue from its internet advertising services and has been flourishing in recent years, with the advertising trend shifting from televisions and newspapers to online advertising. The California-based corporation processes over a billion search requests per day, making ads business their cash-cow driving the majority of the revenue.
As of 2020, Alphabet INC is one of the only trillion-dollar companies in existence, with over 100,000 employees globally. Over 70% of all online search requests are made through Google, a milestone no other company has been able to achieve.

GOOGL stock NASDAQ-

Google kickstarted its IPO with a roaring success, raising $1.66 billion for the company all the way back in 2004, making its founders overnight billionaires.
At the time of writing the article, the stock price today of GOOGL stock NASDAQ- is $1,551.37. Google shares fall under the umbrella of FAANG stocks, being renowned as one of the most prominent technology companies in the United States. FAANG stocks have the reputation of assuring shareholders steady returns over the long run, hedging high risks that small and mid-cap stocks are exposed to. Google stocks have maintained the same reputation, sense of security, and prospective long-term returns as other blue-chip companies falling under the same bracket.
The stock price today is influenced by a variety of reasons such as market volatility, the ratio of bulls to bears as well as the overall performance of the company.

Alphabet has hit nearly $38 billion in revenue during the second quarter of 2020. Google Cloud G Suite of productivity tools’ year-on-year revenue has seen an increase of close to 44% whereas other revenues such as purchases on Google play and hardware saw a 25.6% increase year-on-year. Despite steady growth over the long run, Google has never paid any dividends to its shareholders.
Google premarket trade price- Google opened its premarket with a price of $1,578.33 at the time of writing this article, seeing minor price fluctuations thereafter.

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Google stock history-

Considering Google’s Year-To-Date stock price statistics, it can be observed that the price of each share increased from $1368.68 to over $1550 as of today’s price, after seeing a short-term slump due to the effects of the COVID-19 pandemic. The share price has since however picked up and stabilized after the sudden drop in price. However, taking a 5-year stock price comparison into consideration, each Google stock valued at $699 is now worth over $1550 in 2020.
Stock split history- Back in 2014, GOOG shares were split into two, A and C shares. This meant that for every 1000 shares pre-split, the shareholder now owns 2002 shares after the stock split. A $1,000 investment in 2009 would be worth more than $4,800 as of 2019.

How to Invest in Google Stocks-

With a stock futures forecast (1-year average price target) of $1800, Google stocks are an enticing option for laid-back investors looking for stable returns. With that, it brings us to the next question- How to invest in Google Stocks?
Google stocks can be bought from any online stockbroker. It would just require investors to open a trading account with a broker, load funds in the account, and buy shares of your choice.
You can invest in Google shares or over 3000+ shares with North Loop, offering an option to buy fractional shares of your favorite companies starting from just $1.Sign up and invest right away!

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This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.