Audio Transcript Auto-generated
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Hi, my name is Julie Luh shown, I'll be doing
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my week four synopsis of the stock market project.
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So for a week for my best performing stock was,
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google, google was actually my best performing stock at that
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time. Why was google my best before myself, Google just
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announced during the time that I had Closed out for
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the week of week four On the 8th.
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I believe that they were reconstructing the company and everybody
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I wanted to buy in google because they knew that
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the reconstruction will bring about more revenue for the business,
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which means higher share prices, which means people who brought
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low now beforehand are getting more money and people sell
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when they had their reservation announcement, we're able to get
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a good amount of buddy back.
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Now this caused the shares to go up 6% in
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extended trading.
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So like people started to buy, like I said after
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they found out about the news and before the stock
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market closed they brought and after the stock market closed
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they brought because they knew that google share would be
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going up soon.
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Mhm. No, The effect that this all had on Google
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is after the announcement, Google rose five and share prices.
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So everybody share who had shares went up and everybody's
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share who brought before the stock market closed.
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There's one up and everyone who brought after they got
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an okay amount of money but not as much as
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people who already had the stock or broth before the
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stock market close, which is when it rose after the
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closing of the stock market.
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Um And here I have I have a graph of
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how google has been doing so far this whole entire
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year. So in the beginning it was covid, so nobody
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was really Using Google prior to 2021.
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And now that everyone is going back to how life
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was and everyone's using Computers and stuff, Google Stock has
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been increasing.
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So as of October from where it was in January,
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it's increased the whole total of 83.66% and that's above
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every other company in that industry as ever.