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March 23, 2006

GOOG on the S&P 500 after March 31

finance — by TDavid @ 9:15 pm PST

GOOG Stock will be added to S&P 500 after March 31Interesting GOOGle stock update this evening as Standard & Poor indicates that GOOG will be one of the S&P 500 stocks after March 31. Elinor Mills reports that their stock had a nice 8% bump to $368.93 in after hour trading, which is still a far cry from its near $500 share crest a few months back.

The question is will they get back to those high levels, split or settle down further? I don’t have the answers, but unlike several other writers following tech, I liked the launch of their most recent service: Google Finance, but I’ve been very critical of most of their recent launches. I hope Finance is the start of a series of better launches. Should be interesting to continue monitoring.

The graph above should be changed to tomorrow when trading opens so it can be updated with the day after this announcement.

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