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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Google share-buyers double their money

"Individual investors who jumped at the chance to buy Google stock in the company's initial public offering two months ago can be forgiven for a certain amount of smugness. Having bought shares at $85, Google investors have more than doubled their money and have silenced the numerous critics of Google's Dutch auction IPO," reports AP.

"At the start of trading on Oct. 22, Google opened at $170.32 and closed at $172.43. On Monday, it climbed to an intraday high of $194.43, and closed Tuesday at $181.50, down $5.60, after a typical spate of post-earnings profit-taking."

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