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Google just 'added an Uber' to its market cap today

Google just 'added an Uber' to its market cap today

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Business Insider

The car hailing company Uber is the most valuable startup out there today, with a $4.

That seems like a lot, but Google just added that amount to its market cap in a few hours after its $4

After Google beat analysts' earnings expectations and its new CFO, Ruth Porat, assured investors that the company would $4, the stock shot up as much as 13%, and is currently hovering around 11% or $63.25 up.

Multiply that price gain by its shares outstanding and Google added more than $43 billion to its market cap. Google's so big that a 11% stock jump just added an Uber to its market cap.

How's that for some perspective?

NOW WATCH: $4

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