While it ended the day around $540 a share, the stock is now approaching $600 a share after the nearly 10 percent jump in price. This surge means that Google has added over $15 billion to their market cap just now. While Google had fallen over $100 billion in market cap behind Apple, which continues to see their stock surge (it’s now past $300 a share for the first time ever), they’re now approaching a $200 billion market valuation themselves.

It’s also worth noting that Google, like Apple a few months ago, is now in striking range of Microsoft when it comes to market cap. Microsoft now stands at $218 billion — about $60 billion behind Apple at this point — and they don’t report earnings for another two weeks. Might Google rally to catch them as well?

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Authors: MG Siegler

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