Google Shares Break $1K

At a high of $1,007.40 after strong Q3 results
By Arden Dier,  Newser Staff
Posted Oct 18, 2013 9:55 AM CDT
A Google sign at the company's headquarters in Mountain View, Calif.   (AP Photo/Marcio Jose Sanchez, File)
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(Newser) – Google "big milestones" and this story should show up: Google's stock soared to its highest price today, breaking the $1,000 mark for the first time. (Today's peak thus far has been $1,007.40 per share.) That squashes the previous July peak of $928, CNN reports. The jump came as the company announced strong Q3 results: It saw $14.9 billion in sales, a 12% gain year over year. And though CNN notes the company continues to have a "mobile problem," that was overshadowed by today's numbers, which blew analyst estimates out of the water. Motorola Mobility continues to be a drag; it lost $248 million in the quarter. (Read more stocks stories.)

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