Google tops list of most valuable media firms


  • Business
  • Thursday, 09 Jun 2005

NEW YORK: Google Inc took over the top spot as the most highly valued media company this week, surpassing Time Warner Inc in just 10 months of trading as a public company. 

Google's share price on Nasdaq rose a further US$2.18, or 0.75%, to close at an all-time high of US$293.12 on Tuesday. Stock market analysts have suggested the stock could go as high as US$325 or US$350 a share. 

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