Google Stock Is Up Again After A Week’s Struggle

After witnessing four days of continuous stock price decline, Google (GOOG) finally gained 0.8% on yesterday’s close of $855.43. Google stock has been struggling to gain its price momentum over the last two months starting from Jun 2012 (when Google share price touched $924.69). Post that, Google stock has been quite volatile on major investor concerns like falling ad revenues and Motorola losses. A few positives to look forward to could be the successful launch of Google Glass, driverless cars and Google Loon.

On a side note, Hugo Barra, Google's Android product development VP has left Google to become a VP at Xiaomi, an Android phone vendor.

See Google stock price movement in Google stock chart.
Google stock chart
Source: Google stock chart by Amigobulls

Other stock market updates:

♦ Digital River launches suite of mobile payment solutions

♦ Amazon launches Kindle in Mexico

♦ Boingo Wireless finds new partner in Movile

Read our Newsletter here: Amigobulls stock market updates

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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