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Google stock reaches $800 per share
(NEWSCHANNEL 3) - It's an historic day for Google.
As of Tuesday, one share of stock in the search engine giant is trading above $800--the highest it's ever been.
The milestone comes more than five years after Google first crossed $700 a share.
That was back in 2007, just before the Great Recession began.
The rise in share value reflects investors' confidence that Google will remain the dominant search engine and the increasingly valuable mobile device market.