What Is The Difference Between Google And Goog?

Difference between GOOG and GOOGL Which Google Stocks To Buy? Stockal
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Introduction

In today’s world, Google has become a household name. It is the most widely used search engine globally, and people use it daily to find information, products, and services. However, some people may have come across the term “Goog” and wondered what it means. In this article, we will explore the difference between Google and Goog.

What is Google?

Google is a search engine that was founded in 1998 by Larry Page and Sergey Brin. It is the most popular search engine globally and has become synonymous with searching for anything on the internet. You can find anything from news articles, images, videos, and products on Google.

What is Goog?

Goog, on the other hand, is not a search engine but a stock symbol used by Google’s parent company, Alphabet Inc. It is a ticker symbol used on the NASDAQ stock exchange to trade shares of Alphabet Inc. If you see a stock price for Goog, it refers to Alphabet Inc’s class C shares.

Why is Google’s Stock Symbol Different?

You might be wondering why Google’s parent company has a stock symbol that is different from its name. The reason is that when Google went public in 2004, it used the ticker symbol “GOOG” for its class A shares. Later, in 2014, Google announced a stock split, creating a new class of shares called Class C shares, which would trade under the ticker symbol “GOOGL.”

What is the Difference Between Class A and Class C Shares?

Class A shares of Alphabet Inc have one vote per share, while Class C shares have no voting rights. Class C shares were created to allow Google’s founders, Larry Page and Sergey Brin, to maintain control of the company while selling their shares without diluting their voting power.

How Do I Buy Alphabet Inc Shares?

If you are interested in buying Alphabet Inc shares, you can do so through a brokerage account. You will need to open an account with a brokerage firm, fund the account, and then place an order for the shares. Keep in mind that investing in the stock market comes with risks, and you should do your research before investing.

What are the Pros and Cons of Investing in Alphabet Inc Shares?

Investing in Alphabet Inc can be an excellent opportunity for long-term investors. The company has a strong financial position, with a market capitalization of over $1 trillion, and generates significant revenue from advertising on Google. However, investing in the stock market comes with risks, and the value of shares can go up and down.

Conclusion

In conclusion, Google is a search engine that we use daily to find information on the internet, while Goog is a stock symbol used by Google’s parent company, Alphabet Inc. If you are interested in investing in Alphabet Inc, you can do so through a brokerage account. However, investing in the stock market comes with risks, and you should do your research before investing.