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?

  • 8
    Google had a two-for-one stock split recently. Apr 21 '14 at 21:14
  • Ah, ok. So now everyone who had one share now has two with the half price? Apr 21 '14 at 21:20
  • 1
    blogs.marketwatch.com/thetell/2014/04/02/… may be useful to read about the split.
    – JB King
    Apr 21 '14 at 21:22
  • 3
    Essentially yes, although in this case it is a bit more complicated because Google introduced a new class of shares without voting rights. Every owner of a GOOG share at the split date got an additional share without voting rights, thus having twice as many shares (each valued at roughly half price). Apr 21 '14 at 21:28
  • Adding to that: Because charts should be consistent, charts are backward adjusted for stock splits
    – TomTom
    Jul 12 '18 at 17:12

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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