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Tech
Entertainment
U.S. & World

Google Shares has Reached $800 for the First Time

By on February 20, 2013

The increase may be related to the Google physical store openings in the U.S.

Shares of tech giant Google today topped the $800 level for the first time in its history, a day in which the newspaper “The Wall Street Journal” reported that the company plans to open stores in the United States.

The titles of the Californian company that is traded on the Nasdaq electronic market today rose 1.32% or $ 10.47 to $ 803.36 exchanged for each, a record high and the implications that their actions are the most expensive of all firms that make up the S & P 500.

This milestone comes on a day when the New York newspaper reported that the company that runs Larry Page plans to open stores in the U.S. to market their products, like the Nexus smartphone and its Chromebook notebook computers, according to sources familiar with the plans.

In any case, “The Wall Street Journal” says it is still unclear when or where these shops could be opened, adding that the Internet giant could delay this project until next year.

Google, which in 2011 bought the mobile phone maker Motorola Mobility for 12,500 million dollars, could also look to market these devices in its new stores, but the paper notes that the company does not favor Motorola over others manufacturers that also use Android operating system, such as Samsung and Sony.

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