Questions tagged [google]

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Difference between GOOGL and GOOG

Why are there two ticker symbols for Google — GOOGL and GOOG? They seem to be mostly identical, but their market values are different: currently, 551.64 for GOOGL and 548.79 for GOOG.
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Why is Google's current nasdaq market cap almost twice the current share price * the No. of shares outstanding?

Shouldn't the market cap be exactly the current share price * the no. of shares outstanding? at the time of writing the share price is 537.37 and the no. of shares is 342.63 million, but the market ...