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A comment on Google stock spikes after reporting better than expected Q2 earnings. Parent comment

Re:Google stock spikes after reporting better than expected ... by mandeepj on Thursday July 16, 2015 @10:40PM (#9901057)
This is strange. I thought the new ticker would appeal less attractive to investors as it does not have any voting rights but it is more expensive than the old ticker. Does it have to do anything with volume of shares for that ticker?

Thanks to everyone for responding so kindly and quickly to my queries.

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Re:Google stock spikes after reporting better than expected ... by toast0 on Thursday July 16, 2015 @11:21PM (#9901132)
No voting rights is less attractive, but insiders hold another class of shares with ten votes per share, so that the insiders have a majority on all normal[1] votes, so the common stock voting doesn't really matter, and is not like to matter soon.

[1] some elections may have statutory requirements that a majority of each stock class vote in favor, such as tender offers, etc.

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Re:Google stock spikes after reporting better than expected ... by lindil on Friday July 17, 2015 @01:52AM (#9901441)
The voting rights moved from the old goog to the new googl. Voting shares do cost more now. But voting shares don't matter, Page Bring Schmidt hold a majority of votes via a third class of stock.
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Re:Google stock spikes after reporting better than expected ... by spectrum1234 on Thursday July 16, 2015 @11:17PM (#9901127)
Hint: they are very highly correlated fundamentally.
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