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Google Stock Hits $1,000, All-Time High

Google Stock Hits $1,000, All-Time High

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Google signage seen at the company's headquarters in New York — The Google signage is seen at the company's headquarters in New York January 8, 2013. Google Inc and a New York redevelopment organisation are providing a Manhattan neighbourhood with free public WiFi Internet access, making it the largest area of coverage in New York City. The search giant and the non-profit Chelsea Improvement Co are making Internet access available outdoors in Chelsea, which is home to Google's New York offices and several technology start-ups. REUTERS/Andrew Kelly (UNITED STATES - Tags: POLITICS BUSINESS SCIENCE TECHNOLOGY TELECOMS SOCIETY LOGO)REUTERS

October 18, 2013 11:10 AM EDT

Google’s stock price surpassed $1,000 per share Friday morning following stronger-than-expected earnings results, setting a record high for the 15-year-old Internet company that went public in 2004.

The tech giant joins an elite group of three other companies trading on major exchanges with stock values of more than $1,000 — Warren Buffet’s Berkshire Hathaway, Priceline, and Pork processor Seaboard, USA Today reports.

Google stock opened Friday morning up 10 percent, and climbed higher following the company’s Thursday announcement of quarterly earnings of $2.97 billion, up 23 percent from the same period last year.

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