Firms that go public in an IPO Initial Public Offerings must choose a number of shares to offer and a price level for those shares. While this division would seem to have little economic significance, firms do not appear to choose their IPO share price level arbitrarily. The authors ask...
SAN JOSE, Costa Rica -- SportsBook911.com, a leading online betting service, temporarily suspended "over-under" wagering on the Google IPO auction after an onslaught of bets from New York and California saying the search engine would have an opening price of less than $110 per share, the mark set as the...
Byline: KATE RYAN The Chicago Board of Trade is expected this week to raise the price for its IPO, according to an underwriter working on the offering. The increase would put a rich valuation on an offering that looks expensive even in...
Shares of Under Armour Inc., a Baltimore-based maker of athletic wear, scored a sharp price gain in their first day of trading Friday on the Nasdaq Stock Market. The Class A shares were at $25.80 in early afternoon trading, up $12.80, or 98 percent, from the IPO price of $13...
Optimer Cuts IPO Price: Optimer Pharmaceuticals Inc., an early stage biotechnology firm working on an antibiotic to treat diarrhea, said the share price for its initial public offering was $7 per share--down from its estimate of $12 to $14. The co Optimer Cuts...
AsiaInfo Services 09-17-2002 China Unicom IPO Price Targeted at RMB2.1-2.3 Each CHINA, Sep 17, 2002 AsiaPort via COMTEX -- Market insiders think China United Telecommunications Corp.'s large IPO expected this month should fetch 2 .1 yuan to 2 AsiaInfo Services...
SAN JOSE, COSTA RICA -- Based on Betting Action, Online Betting Service Previously Predicted First Google IPO Slash, and Now Says it will Happen Again Based on Onslaught of "Under" Betting
BUNGE LIMITED, a global agribusiness and food company, has filed a registration statement with the Securities & Exchange Commission SEC for the proposed initial public offering IPO of $17.6 million of its common shares. The IPO price is est BUNGE LIMITED, a global agribusiness...
Orbitz, the online travel service, on Wednesday set the price range for its initial public offering at $22-$24 a share, which would raise up to $303.6m ([euro]254m).Under the IPO, Orbitz will offer 4m class A common shares and raise about $92m, while Orbitz, the online travel...
AsiaInfo Services 07-25-2005 Baidu.com Sets IPO Price Range at USD 19 - USD 21 CHINA, Jul 25, 2005 SinoCast via COMTEX -- Baidu.com, Inc., China's search engine bellwether, plans to issue 3.7 million American Depositary Shares ADSs at a pri ...
NEW YORK--High-speed Internet service @Home Inc. became a high-speed Internet stock Friday, more than doubling after its initial public offering. When trading opened Friday morning, @Home's stock jumped from the $10.50 IPO price to $25.50. Big NEW YORK--High-speed Internet...
Investors in billing services vendor CSG Systems International Inc. scored big in the company's initial public offering after the stock soared to more than 50 percent above its IPO price. Investors in billing services vendor CSG Systems International Inc. scored big in the company's...
Zachary Scheidt submits: American Water Works Co., Inc. AWK reported earnings on Monday and the report was well received by investors. The stock rallied to close at $20.77 and has spent the week trading just below the IPO price of $21.50. Revenues for the second quarter came in...
Japanese software companies are finding a warm welcome with investors. Shares in business software developer Cybozu rose to an 82% premium to its IPO price in initial trading. Investors apparently were inspired to buy by the company's strong earnings record, as well as its business plan. Cybozu distributes business software...
Chris Fernandez submits: The market didn’t take to kindly to PeakStocks.com portfolio recommendation based on AuthenTec’s (Nasdaq: AUTH) latest earnings release, sending shares precipitously lower in the days following what were largely stellar earnings from a rapidly expanding up-and-coming company. The good news for us, is that this presents...