Google’s all time high price per share was $747.24 in November 2007 and experts say that the big search engine giant might be heading in that direction once again.
Over the years Google made a lot of improvements to its business model. The reason why Google is seeing an increase in stock price while Facebook is seeing a decline is because of Google’s well defined and robust advertising business is thriving. Recently there was a concern regarding Google’s Motorola acquisition. But Google tempered its investors’ worries.
Google announced it will sell Motorola Home division unit within Motorola Mobility that sells set-top boxes to cable television providers. In the process Google hired Barclays Plc (BARC) to help it shop the division unit.