Google stock prices have jumped more than 6% in 2017 as investors look to buy into the technology giant’s growth.
The company’s stock has surged nearly 20% this year, and the market has seen several big gains in the past month, particularly in the tech sector.
Google’s stock gained more than 3% on Tuesday morning after the company reported record quarterly earnings, which beat Wall Street expectations.
Google has seen its stock soar in recent months, with the company having increased its revenue from the smartphone and cloud computing businesses.
The stock rose nearly 9% this week to reach a record high of $96.69 on Tuesday.
Google stock has more than doubled in value since its December 2018 close, and its stock price has surged more than 16% this century.
The stock has reached a high of nearly $90 a share.
Google stock has a long history of increasing as technology companies expand and grow, but its stock market performance this year has been especially notable.
Google had been trading above $100 a share just before the year began.
However, after the stock price surged over 6% on Dec. 3, 2017, investors began to question the long-term viability of the company.
Google’s stock plummeted in 2018, and has fallen even more this year.