Google, Set for Offering, Cuts Share Price by About a Quarter
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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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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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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 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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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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NEW YORK/SAN FRANCISCO  - Google Inc. appeared set  to start trading on the Nasdaq on Wednesday, after the Web's  No. 1 search engine asked regulators for final approval to  price its closely watched initial public offering.
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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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Time is running out for prospective investors to submit their offers to buy shares of Google Inc. (GOOG.O), the Web's No. 1 search company.
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Google rose $14.97 to close at $187.40 per share, giving it a market value of $51.4 billion compared to $47.9 billion for Internet rival Yahoo.
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NEW YORK : Google&#39;s share price has been set at 85 dollars in its initial public offering, a company spokesman said late Wednesday.
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Three new stocks scheduled to begin trading this week - including Google Inc.&#39;s highly anticipated initial public offering - slashed their expected price ranges Wednesday morning as the IPO market readies for a one-month break from trading debuts after ...
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A flood of Google Inc. shares that could dwarf the size of the Internet search company&#39;s initial public offering will become free to trade in the next few months
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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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NEW YORK Wall Street, which forced Google, the Internet search engine, to sharply lower the price of its shares in its initial public offering in August, has now decided that the company is worth a lot more today than it was then.
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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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Aug. 18 (Bloomberg) -- Google Inc., on the eve of pricing the second-biggest Internet initial public offering, slashed the value of the sale almost in half amid the worst market for US IPOs in almost two years.
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Google Inc. dramatically lowered expectations for the Internet search giant's value Wednesday ahead of its much ballyhooed coming out party in the public markets. The offering is still one of the biggest and highly anticipated for an Internet company, surpassing the hot issues of the dot-com boom.