The word "GOOG" is a variant spelling of the word "goog," which is defined as a number equal to 10^100 or 1 followed by 100 zeros. The phonetic transcription of "GOOG" is /ɡuːɡ/ with the first syllable pronounced like "goo" and the second syllable pronounced like "g" or the sound made by clearing your throat. This unique spelling of the word has been attributed to the search engine giant Google, which also uses the term "googol" in its name.
GOOG is a four-letter ticker symbol used on stock exchanges to represent shares of Class C common stock of Alphabet Inc., the multinational conglomerate formed as part of a corporate restructuring of Google on October 2, 2015. It is primarily traded on the NASDAQ stock market.
The ticker symbol GOOG is specific to Alphabet's Class C shares and is used to differentiate them from its Class A shares, which are represented by the ticker symbol GOOGL. The primary difference between the two classes of shares is the voting rights attached to them. Class A shares hold one vote per share, while Class C shares do not carry any voting rights.
Alphabet Inc., formerly known as Google Inc., is one of the world's leading technology companies, offering a wide range of internet-related products and services. The company operates through various segments, including Google, Other Bets, and Google Cloud. Google, the largest and most well-known segment, focuses on internet search, online advertising, and various software applications.
As a publicly-traded company, investors can purchase shares of Alphabet's Class C stock under the ticker symbol GOOG. The stock's trading value fluctuates based on market factors, investor sentiment, and the performance of the company. Traders and investors may track the stock's performance, analyze its financials, and make investment decisions accordingly using the ticker symbol GOOG.