Despites Google's phenomenal success, one goal seems to elude them. S&P makes adjustments on their stock indices from time to time. When it was determined Gillette would be dropped from the list this year, many speculated it would be the rising star of the stock market, Google.
Google debuted on the stock market last August and did quite well. Their stock is up 60% for the year at over $317 today. Some predict it will easily hit $350 and this is despite the fact they just dumped over 14 million share of stock onto the market.
One catch may be the level of stock in the public float. As Jonathan Berr of "
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Google Missed S&P 500Again
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