In Monday morning local time trading, Google’s parent company Alphabet’s share price broke through 1,000 US dollars and once reached US$1007.40.
This is Google’s first crossover of the $1,000 checkpoint after its public listing in August 2004, which is 20 times that year.
This year, Alphabet's stock price has risen by about 25%, and its current market value is more than 690 billion US dollars.
According to data provider FactSet, there are currently only 16 US stocks that cost more than 1,000 US dollars. There are only two technology stocks except Google, one is Amazon, which just entered the 1,000-dollar club on May 30, and the other is an online travel company. Priceline Group.
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