Google cuts IPO share price range
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Google lowers the price range of its planned share sale to $85-$95, as it awaits approval from regulators.
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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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Internet research engine giant Google Incorporated slashed billions of dollars from the target launch valuation of its stock in a major upset for the biggest technology flotation since the dot.com bubble burst four years ago.
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GOOGLE, the web search engine, has slashed the price range on its eagerly awaited initial public offering to between £47 and £52 per share from £59 to £74 per share.
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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 cut the price of its share offering today as the new listing fell prey to worry about a slump in demand.
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SAN JOSE, Calif. - In a sign that Google Inc.'s initial public offering will not be as hot or big as expected, the Internet search giant lowered the number of shares that will be sold by insiders and slashed its estimated price range...
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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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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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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's share price has been set at 85 dollars in its initial public offering, a company spokeswoman said.
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Google Inc.'s initial public offering took a major step forward as the company notified investors that Tuesday may be their last chance to submit, withdraw or change bids in the unusual $3 billion electronic auction for stock in the Internet giant. -The Washington Post
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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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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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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 IPO share price is set at $85, the bottom of its projected range, as the internet search engine goes public.