August 23, 2014
Shares of Google are surging higher again after the Mountain View-based company posted another strong profit report.
Google's results posted yesterday for its third quarter easily blew past the numbers analysts were expecting.
The company has surpassed analyst estimates in all but two of the 13 quarters since its August 2004 initial public offering.
As a result, Google's stock price has increased more than sevenfold since the IPO.
Shares of Google surged to a new high of more than $658 before pulling back in heavy trading this morning.