Google Stock Price Soars Above $700 For First Time

Google's stock price has moved past the $700 mark for the first time today, boosted by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.

At last check, the Mountain View-based company's shares were trading around $703.

It took less than a month for the stock to leap from $600 to $700, building upon a fervor that has lifted Google's market value by more than 30 percent since mid-September.

The recent rally has firmly established Google as Silicon Valley's most valuable publicly held company.

With a market value of nearly 220 billion dollars, Google also is now worth more than Warren Buffett's holding company, Berkshire Hathaway.

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