Google&#39;s Auction Loosens Wall Street&#39;s Grip on High-Priced IPOs
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Aug. 20 (Bloomberg) -- Google Inc.&#39;s share sale has put Wall Street on notice: The old way of doing business may be ending.
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NEW YORK: The seldom used auction system that Web search giant Google Inc. used in its initial public offering was expected by some to change the way Wall Street does business, but almost three months later, there has not yet been another deal like it.
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A flood of some 39.1 million Google shares could find their way on to the market today, potentially reducing the stock&#39;s trading price, as employees and others who were able to buy into the
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Wall Street, which forced Google, the Internet search engine, to lower the price of its shares sharply in its initial public offering in August, has decided that the company is worth a lot more today than it was then.
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No. 1 Internet search engine still waiting for SEC to give final green light before pricing stock. NEW YORK (CNN/Money) - Investors will have to wait a little longer for the Google initial public offering after the SEC said the company&#39;s registration ...
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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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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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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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t worked. Google&#39;s auction process, both criticized and feared on Wall Street, could have gone much more smoothly, and investors might yet regret putting money into a company that plans to go its own way regardless of what others think.
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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, ...
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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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A humbled Google Inc. makes its market debut on the Nasdaq exchange this morning after raising $1.67 billion in an initial public offering that fetched about half of what the Web search company had previously estimated.
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Google&#39;s search for a way to become a public company has hit a roadblock the company never expected: investor hesitance.
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After rocky road to public offering, search engine proceeds--but what will it do with its windfall? The Securities and Exchange Commission has granted approval for Google to proceed with its initial public offering of stock.
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Google Founders Selling Off Stock  Is this a sign that Google stack is overpriced? Or does it just mean that since there is so much interest in Google and its shares right now that the founders decided to sell off a big part of their holdings with the search engine. Dow ...
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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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The initial public offering of Internet search engine Google Inc. (GOOG.O) was billed as a bonanza for millions of U.S. investors -- but the little guy, with check in hand, was left out of the party.