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At the IPO, the firm considering 19,605,052 offers at a high price away from $85 per share. The brand new selling of $step one.67 billion provided Google market capitalization in excess of $23 billion. The new stock did better following IPO, that have offers hitting $350 the very first time on the October 31, 2007, due to the fact of good conversion and you may income from the internet marketing market. The newest rise inside the inventory rate is powered generally from the individual buyers, unlike higher institutional traders and you will common finance. GOOG offers split into GOOG class C offers and you can GOOGL classification A shares. The organization is on the NASDAQ stock-exchange beneath the ticker symbols GOOGL and you will GOOG, as well as on the brand new Frankfurt Stock-exchange within the ticker symbol GGQ1.