Google Inc. (GOOG) is preparing to launch a subscription-based streaming music service that will be similar to that of Spotify AB.
Google gapped up and rose sharply during the first half hour of trade. The stock took out the session highs going into the close and finished up by 28.79 at $915.89 on above average volume. Google has been climbing for nearly a month and set a new all-time high.
by RTT Staff Writer
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