Google stock under Larry Page topped $800 for the first time on Tuesday.  The search engine giant has dominated Internet search and is gaining prominence in the growing mobile market.
The company’s resurgent stock is an implicit endorsement of co-founder Larry Page. He replaced his managerial mentor, Eric Schmidt, as CEO in April 2011. Google’s stock has risen by 36 percent since Page took over. By contrast, the benchmark Standard & Poor’s 500 index has climbed by 15 percent over the same stretch.
Most of Google’s gains have occurred in the past seven months — a period that has overlapped with a sharp downturn in the stock price of rival Apple Inc. The iPhone maker’s market value has plunged by about $230 billion, or 35 percent, since late September.
[Source:Â bostonherald.com]
READ MORE ABOUT THIS HAUTE 100 MEMBER HERE.
To see the full San Francisco list, click here.
Like Haute Living San Francisco? Join our Facebook page or follow us on Twitter @HauteLivingSF. Want Haute Living San Francisco delivered to your inbox once a week? Sign up for our newsletter.
Haute Scene
February 18, 2013SF Asian Art Museum 'Terracotta Warriors' Pre-Gala Celebration
