Google starting to threaten Microsoft’s market cap

Email Twitter: @ronwinbeta Oct 15th, 2010 inNews

After blowing out Wall Street’s third-quarter expectations Thursday, Google saw its stock skyrocket $60.52, or 11 percent, to $601.45 per share today — still rising in after-hours trading.

Perhaps more notable to Microsoft followers, however, is that the Internet giant’s market valuation is now above $191 billion (and it was at $188 billion last night). As Matt Rosoff of Silicon Alley Insider notes, that’s getting within striking distance — by 16 percent — of Microsoft’s market capitalization, which was $221 billion after the bell today…

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