What happened to GOOG-stock? Why isn't it 1.000 USD?
I just try to understand what happened to the Google stock. In October 2013 many newspapers wrote that the GOOG stock reached 1.000 USD.
When I now look at the charts for this share and scroll back to October 2013 the value back then was at about 500 USD.
So, what happened to the Google stock? I am sure when I looked at the charts in October, they displayed 1.000 USD, but now they don't. Can the values be changed at a future date? If yes, why?
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The stock split, it is similar to what happened to Apple a little while back. When Google split 2 to 1, it means that each share holder got 2 shares for each 1 share they had and each share was 1/2 the price.
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