FYI - GOOG now is GOOGL

Discussion in 'Stocks' started by FXforex, Mar 27, 2014.

  1. FXforex

    FXforex

    Google - New Class of Shares and Symbol Change effective April 2, 2014

    "Google Inc. has approved the issuance of Class C stock as a dividend (spin off) to stockholders with a dividend record date of March 27, 2014, and a dividend payment date of April 2, 2014.

    The new Class C shares will trade under the existing stock ticker GOOG, while the class A (existing) shares will trade under the new stock ticker GOOGL. The anticipated first day of trading is April 3. Full details regarding the symbol change from GOOG-US to GOOGL-US are available on our Quotes+ News section or from Google's Investor Relations."
     
  2. FXforex

    FXforex

    I wonder what GOOG and GOOGL will be trading at? I don't think it's going to be 50/50, we will find out Thursday.
     
  3. R1234

    R1234

    so which one should retail investors/traders be trading GOOG or GOOGL?
    they both appear to have similar daily volume.
     
  4. Do they have the same rights?
     
  5. dealmaker

    dealmaker