Google’s IPO with a market capitalization of 23 billion pounds.
Posted by Ravi Singh
Wednesday, May 6, 2020
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On Google’s first day of trading, the stock jumped 18%. Google split its stock in a two-to-one split in 2014, and reorganized its company under the Alphabet umbrella in 2015. However, IPO investors that have held onto the stock have certainly been rewarded. Google stock has averaged a 24.8% annual gain since its 2004 IPO.
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