Google Up 20%

GOOG: 539.41, +89.87 (+19.99%)

Investors cheered Google's Thursday earnings report. Net income for the quarter ended March 31 rose to $1.31 billion, or $4.12 a share. Revenue rose to $5.19 billion. Revenue minus payments made to other sites to acquire Internet traffic, came in at $3.7 billion. Margin = 25%.