Google Inc (NASDAQ:GOOG) Providing WiFi in New York at No Cost - AKAM, INXN, LNKD

Pompano Beach, FL -- (SBWIRE) -- 01/08/2013 -- Google Inc (NASDAQ:GOOG) on Tuesday announced that it is offering wi-fi access without any charges to the city’s southwest Chelsea neighborhood, making what the Internet titan stated is the foremost wired neighborhood in Manhattan and the biggest contiguous wi-fi network in New York City.

Can Investors Bet on GOOG after this News update? Find out in this Research Report

Google stated that the network will include all outdoor regions in a 10 city-block neighborhood and will benefit hundreds of thousands of persons, counting public school students and inhabitants of Fulton Houses, a public housing complex managed by the New York City Housing Authority.

Mayor Michael Bloomberg stated in a statement that New York is determined to become the world’s top digital city, and general access to high-speed Internet is one of the fundamental building blocks of that fantasy.

At the current trading session, Google Inc (NASDAQ:GOOG) shares are down -1.02% to $727.23 while the stocks are trading within the range of $724.43 – $736.30. In the past year, the stock has traded within a range of $556.52 – $774.38. Average daily trading volume is 2.19 million shares.

Has GOOG Found The Bottom and Ready To Move Up? Find Out Here

If we look at a few other stocks within industry, Akamai Technologies, Inc., InterXion Holding and Linkedin Corporation were in the decliners list. Let’s have a quick look on their Market performance.

Akamai Technologies, Inc. (NASDAQ:AKAM) shares are down -1.25% to $40.26 while the stock is trading within the range of $40.08 – $40.91 in the current trading session. In the last 12 months the shares have traded between $25.90 and $42.53. The average daily trading volume is 2.74 million shares.

Why Should Investors Buy AKAM After the Recent Fall? Just Go Here and Find Out

InterXion Holding NV (NYSE:INXN) shares in the current session moved down -2.76% reaching $24.28. The stocks are trading in a range of $24.25 – $25.02. In the last year the stock has moved within a range of $13.56 – $25.02. The Company’s average daily trading volume is 306,219 shares.

Will INXN Get Buyers Even After The Recent Rally? Find Out Here

Another rival company, Linkedin Corporation (NYSE:LNKD), is trading down -2.36% to $110.33. Intraday trading recorded the stock price in a range of $109.80 to $113.00. In the previous 52 weeks the stock’s price ranged between $61.90 and $125.50. Their average daily trading volume is 1.42 million shares.

Has LNKD Found The Bottom And Ready To Gain Momentum? Find Out Here

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