Re:Google shares hit $1,000 after strong earnings
by astrodust on Friday October 18, 2013 @12:05PM
(#6572103)
They could've hit this years ago by doing a 10:1 stock consolidation. Fetishizing over share prices is meaningless. What if they had only six shares?
Market cap is what matters.
Re:Google shares hit $1,000 after strong earnings
by nonchalance on Friday October 18, 2013 @01:30PM
(#6572612)
Berkshire Hathaway class A is current 175821/sh :) extreme example.
But my point was that, while market cap is all that matters, people still fixate on round numbers
Re:Google shares hit $1,000 after strong earnings
by astrodust on Friday October 18, 2013 @02:09PM
(#6572946)
That's one way to exclude peasants from investing in your company.
Re:Google shares hit $1,000 after strong earnings
by tedunangst on Friday October 18, 2013 @05:01PM
(#6573989)
BRKB is only $117 though.
On the other hand, It's more likely that we see the headline "$1T company" than "$3030.30/sh"