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November 1, 2007
Google’s shares rose 1.8 percent yesterday to close above $700 for the first time ever. At its closing price of $707 a share, Google’s market capitalization is more than $218 billion, which would rank the Web search giant fifth-largest among the Dow Jones Industrial Average components. Exxon Mobil, General Electric, Microsoft, and AT&T have bigger market caps. (MarketWatch)
of The Week magazine.