Google Cuts IPO Price Range
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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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Internet search giant Google, which raised &#36;1.7 billion in a highly publicized IPO, announced its first quarterly earnings as a public company Thursday, and the results were stellar. Google reported revenue of &#36;805.9 million, more than double last year's &#36;393.3 million.
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Internet data analysis company WebSideStory Inc. cut its expected initial public offering price to $8 to $9 a share from $10 to $12, it said in a regulatory filing Wednesday.
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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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adpowers writes &quot;It is official. Google will have its IPO debut at $85 per share. To quote the article, &#39;At that price, the low end of its recently revised range, Google raised $1.
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Since its IPO back in August, the search engine Google has seen its shares rise over 70% in a little over two months. Google shares closed Tuesday at $147.
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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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BERKELEY, California  - Web search leader Google  Inc.  saw its volatile shares reach an all-time record  closing price of $518.84 on Tuesday, as recent momentum in  products and partnerships have offset regulatory setbacks.
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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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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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Google Inc. (GOOG) will close the registration process for its IPO auction Thursday, setting the stage for the online search engine leader's hotly anticipated stock market debut. Google plans to launch an unusual auction to sell 25.7 million shares shortly after closing the registration.
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Google might close the bidding in its auction-style initial public offering late Tuesday, moving it one step away from becoming a publicly traded company.
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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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The search-engine giant, which was expected to go public as early as Wednesday, instead has slashed the deal&#39;s expected price range and cut the number of shares being sold by existing shareholder in half. The new parameters suggest a newly public Google ...
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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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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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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 ...