Stock Market Alert: GOOG had a very strong day on Friday, trading up over 2% in heavy Friday trading (7.3 million shares traded versus normal daily average of 5.6 million shares) after rumors leaked about GOOG’s possible acquisition of Youtube.com. This acquisition, which would likely cost GOOG upwards of $1.5 billion dollars, would give the company a strangehold on the online video hosting market. GOOG closed at $420.50 on Friday, and currently sports a market cap of $127.9 billion dollars.
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