Google sells stock for $4 billion

Google has been one of the most successful companies on NASDAQ ever and since last year when it released stocks to the public it was at the price of $85 per stock. It then made about $1.7 billion but today, one year later, the stock has tripled in value is today worth approximately $280. Google is now planning on selling more stock, namely 14.2 million stocks which should result in about another $4 billion. If it decides to go forward with this it will result in a huge addition to the budget, which means it can, and most likely will, expand even further.

Source: News.com