Feb 5, 2008
Google finishes day with 2.3% jump
Google is back over the $500 mark, closing the day at $506.80 per share. This while stocks plunged sending the Dow industrials tumbling to their biggest drop since February 2007. Some are talking recession.
Meanwhile, Microsoft and Yahoo closed the day with 3.7% and 1.2% drops in stock value, Micorsoft closing at $29.07 per share while Yahoo closed at $28.98 per share.
With regard to the possible Microsoft Yahoo merger, although Yahoo has yet to respond to Microsoft’s offer to buy them out for $44.6 billion, analysts are saying a merger is likely to happen.
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