Google Stock Rises Following Q3 Report

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NEW YORK Google’s stock closed on Nasdaq up $23.05 or 15 percent at $172.43 today, following its first quarterly earnings report yesterday as a publicly traded company.

The shares (GOOG) are trading at more than double the Aug. 19 initial offering of $85 a share.

The Mountain View, Calif.-based search company achieved a third-quarter net income of $52 million, or 19 cents per diluted share, an increase from $20.4 million, or 8 cents per diluted share, in the prior-year quarter.



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