Google's stock recently rose $9.83, or 1.24%, to $802.74, marking the seventh time it has hit a high this month and the first time ever that a technology firm has passed the $800 mark. Google first hit $700 on Oct. 31, 2007, but dropped sharply through the recession. Its current rise coincides with the fall of Silicon Valley rival Apple. Google's stock has increased 20% over the last three months while Apple's decreased 19% over the same period. Apple shares recently traded down $1.84 to $458.25.
Many analysts credit co-founder and chief executive Larry Page with the rise of Google over the last two years since he took over after Eric Schmidt.