Google Slashes IPO Price Range
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Google Inc., the world&#39;s most popular Web search engine, slashed the price of its share offering Wednesday, as what had been touted as the hottest dot-com listing in years fell prey to worry about a slump in ...
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Google, Inc. significantly cut the expected share price for its initial public stock offering this morning, signaling lower-than-anticipated demand for the most highly publicized new stock since the late 1990s.
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In a sign that Google Inc.&#39;s initial public offering isn&#39;t as popular as expected, the Internet search giant lowered its estimated price range to between $85 and $95 per share, down from its earlier prediction of $108 and $135 per share.
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Google's final share price was $85, far off the target range of $108 to $135 a share that the company projected last month.
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SAN JOSE, California - On the cusp of its voyage into public trading, Google's initial stock price was set at $85 and its market value calculated at $23 billion - less than originally expected, but still impressive for a 6-year-old dot-com dreamed up in a garage.    The final initial public offering price, set through an unorthodox auction that alienated many on Wall Street, means the stock will likely debut Thursday under the symbol "GOOG" on the Nasdaq Stock Market...
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Aug. 19 (Bloomberg) -- Google Inc., the most-used Internet search engine, sold shares at $85 each in its initial public offering, the bottom of the range the company had suggested the stock would fetch in the biggest auction-style IPO.
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UPDATED: Search engine darling Google (Quote, Chart) has slashed the price of its long-awaited public offering by about 30 percent to between $85 and $95 per share and plans to sell fewer shares.
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NEW YORK/SAN FRANCISCO  - Google Inc. on Wednesday  said it priced its long-awaited initial public offering at $85  per share, far below initial expectations, ending a tumultuous  process beset by poor market conditions and a series of  missteps.
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Google Inc.'s initial public offering took a major step forward as the company notified investors that today may be their last chance to submit, withdraw or change bids in the unusual &#36;3 billion electronic auction for stock in the Internet giant.
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A lower price tag on the Google IPO is exposing some drastic differences among the company&#39;s early shareholders.
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SAN JOSE, Calif. - In a sign that Google Inc.'s initial public offering isn't as popular as expected, the company lowered its estimated price range to between $85 and $95 per share, down from the earlier prediction of $108 and $135 per share...
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U.S. stocks to watch: GOOGLE INC.  GOOG.O Google shares jumped 18 percent in their long-awaited  stock market debut on Thursday after a scaled-down $1.67  billion IPO marked by missteps and lackluster market  conditions. The stock closed at $100.34.
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U.S. shares were expected to open lower on Wednesday after crude oil pushed to a fresh high overnight, while Web search engine Google Inc. dented sentiment as it slashed the price range on its initial public offering. In a statement posted on its IPO Web site, Google said it had cut the range on its IPO to &#36;85-&#36;95 per share from &#36;108-&#36;135 previously, a 26 percent reduction at the mid-point of the range.
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NEW YORK/CHICAGO  - Shares of Google Inc. fell  almost 9 percent on Friday after an analyst forecast a sharp  drop in the price over the next 12 months as the Internet  search company grows more slowly.
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NEW YORK/SAN FRANCISCO  - Google Inc. slashed the  size of its initial public offering nearly in half to less than  $2 billion on Wednesday, splashing cold water on what has been  touted as the hottest Internet IPO in years.
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Earlier Wednesday, Google cut the range of its IPO price to $85-$95 per share from $108-$135 per share and the number of shares that will be sold from 25.7 million to 19.6 million. The cuts mean Google could raise about $1.8 billion in ...
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Internet search engine Google has announced it will go public at $85 a share, paving the way for the widely awaited but troubled stock offering to finally stumble to market on Thursday.