SAN FRANCISCO, CA, (NAMC) – Right on the heels of their addition to the S&P 500, a much anticipated addition to say the least, Google (NASDAQ: GOOG) is set to offer an additional 5.2 million shares to the market. This new offering will make it increasingly difficult for the company to meet the expectations that have been laid out for them.

The search engine giant will rake in approximately $2.1 billion based on Wednesday’s closing price of $394.98.

Some speculate that brokerage firm Goldman Sachs (NYSE: GS) will pick up the entire offering and spread it out to their institutional clients.

Elizabeth Losada
Technology News Correspondent
NAMC Newswire
www.namcnewswire.com

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