Google IPO priced at $85 a share
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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.
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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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NEW YORK/SEATTLE  - Shares of Google Inc. GOOG.O  made their long-awaited stock market debut on Thursday, rising  more than 20 percent to over $100 after an initial public  offering marked by missteps and lackluster market conditions.
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Shares of Google Inc. GOOG.O rose 15  percent to $98 in the first minutes of their Nasdaq stock  market debut on Thursday after the year's most anticipated  initial public offering priced far below initial estimates.
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Google Inc., the Web search engine, on Wednesday slashed the price range on its eagerly awaited initial public offering to between &#36;85 and &#36;95 per share from &#36;108 to &#36;135 per share.
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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 $85-$95 per share from $108-$135  previously, a 26 percent reduction at the mid-point of the  range.
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WASHINGTON  Google closed the unusual auction for its shares yesterday and prepared for its stock to begin trading at $85 per share, after weaker-than-expected demand from investors forced it to drastically slash the price and size of ...
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Google has billed its IPO as a way for everyday people to get in on the process, denying Wall Street the usual stranglehold it's had on IPOs. Public bidding, a minimum of just five shares, an open process with 28 underwriters - all this pointed to a new level of public participation. But this isn't the case.
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NEW YORK/SAN FRANCISCO  - Google Inc., the most  popular Internet search engine, raised $1.67 billion on  Wednesday in its long-awaited IPO after slashing the price and  size of an offer beset by missteps and poor market conditions.
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Google Inc.'s GOOG.O initial public offering of 19.6 million shares priced at &#36;85 each, the low end of their projected range, a source familiar with the auction said on Wednesday, raising &#36;1.67 billion and making it the fourth-largest U.S. IPO this year.
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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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Google plans to raise as much as $1.67 billion in its public stock offering today, but even that impressive estimate doesn't hide the fact that the hype surrounding the search engine's IPO is only half as hot as yesterday. -washingtonpost.com
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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, Calif. (CP) - Google Inc. says its initial public shares are priced at $85 each, at the low end of the Internet search giant&#39;s downgraded estimates.
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Internet search giant Google has priced its long-awaited initial public offering (IPO) at just under $120 a share, far below initial expectations.
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oogle today cut the estimated price range of its initial stock offering by about a quarter, to between $85 and $95 a share, valuing the Internet search engine company by as much as $25.8 billion.
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Google, Inc. significantly cut the expected share price this morning for its initial public stock offering, signaling lower-than-anticipated demand for the most highly publicized new stock since the late 1990s.