Google shares jumped nearly 9 percent in intraday trading Friday, as analysts chimed in with favorable reports following the company's strong third quarter performance.
Google climbed as high as $384 a share during the day, after reporting a stronger than expected third quarter on Thursday after the markets close. Google's rally marks its second consecutive day of gains, in which its shares have risen as much as 11.7 percent.
Analysts overwhelmingly gave Google a thumbs up in its ability to control costs in the quarter, aiding the company's ability to exceed analysts earnings estimates.
UBS Securities … Read more