Alphabet, Google's parent company, joins the $1,000 club
What could you buy with $1,000? A new MacBook? A pair of Louboutins? How about one share of Alphabet stock?
Alphabet, Google’s parent company, crossed a major threshold Monday by passing $1,000 per share, just six days after Amazon reached the same milestone.
SEE ALSO: Google’s plans for their new London HQ are the most epically Google yet
It’s nothing to sneeze at; only one other stock on the S&P 500 index (Priceline) has a stock price in the quadruple digits. Alphabet’s stock price has been surging this year, and the company’s market value, about $680 billion, is second only to Apple.