Google's Stock Surpasses $600 For The First Time

Google Inc.'s stock price sailed past $600 for the first time this morning, extending a rally that has elevated the Internet search leader's market value by about $25 billion in the past month.

The Mountain View-based company's shares traded as high as $601.45 before slipping back a few pennies under $600 in trading this morning.

It marked the sixth time in the past 12 trading sessions that the stock has reached a new peak climbing on the lofty expectations for Google's third-quarter earnings.

The results are scheduled to be released October 18th.

Google shares have increased more than sevenfold from their initial public offering price of $85.

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