Google Sets Price of &#36;85 in &#36;1.67 Bln IPO
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Google Inc. on Wednesday said it priced its long-awaited initial public offering at &#36;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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NEW YORK/SAN FRANCISCO  - Google Inc. GOOG.OQ on  Wednesday got the green light to go ahead with a downsized  version of its much-hyped initial public offering, meaning its  shares could debut on Nasdaq as soon as Thursday.
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After a bumpy ride toward becoming a publicly traded company, Google Inc. finally saw its stock start trading on the Nasdaq exchange at around noon Eastern Daylight Time Thursday and with a strong opening at $100.01, up from its $85 initial offering price. The stock, which trades under the GOOG ticker symbol, closed at $100.34, up 18 percent.
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Google Inc. shares jumped 18 percent in their long-awaited stock market debut on Thursday, after a scaled-down &#36;1.67 billion IPO marked by missteps and lackluster market conditions.
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Shares of Google Inc. will make their  Nasdaq stock market debut on Thursday after the year's most  anticipated initial public offering priced far below initial  estimates, raising $1.67 billion.
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Google Inc&#39;s first day as a public company was branded a success by many yesterday. While shares failed to reach the $135 heights anticipated over recent weeks, the IPO price of $85 per share was boosted to over $100 by the end of the day.
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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 $85 and $95 per share from $108 to $135 per share.
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Google stock opened this morning at $100.01 a share, about 18 percent above the $85 price set in the company's initial public offering on Wednesday.
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SAN JOSE, Calif. - At $85, shares of Google Inc...
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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 ...
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Shares of newly public Google Inc. (GOOG.O: Quote, Profile, Research) on Tuesday hit a new high and posted their largest single-day percentage gain after five investment
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Google set its long-awaited initial public offering at $85 a share on Wednesday, enduring a series of hurdles to come in at the low end of its recently lowered pricing range.
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Shares of Google Inc. will make their Nasdaq stock market debut on Thursday after the year&#39;s most anticipated initial public offering priced far below initial estimates, raising $1.67 billion.
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Google Inc. lowered the target price per share for its initial public offering (IPO) on Wednesday, and asked the U.S. Securities and Exchange Commission (SEC) to give buyers additional time to reconsider their bids, according to a notice on the company's IPO Web site.
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Description: In the first day of trading in shares of the Internet search engine company Google, the stock rises to above $100. After much anticipation over the public offering, Google set its initial price at $85 for Thursday&#39;s debut. NPR&#39;s Laura Sydell ...
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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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Google Inc. wants to conclude its share auction Tuesday, setting the stage for its stock to go public Wednesday, according to a statement on its IPO (initial public offering) Web site.