Now we have a date (May 18) and a price range ($28 to $35 per share) for what could be the biggest initial public offering in the history of tech stocks: Facebook. The company has grown by leaps and bounds since it was born in Mark Zuckerberg's dorm at Harvard in 2004, and now could make Zuckerberg richer than Microsoft CEO Steve Ballmer. If the IPO prices at the high end of the range, $35 per share, Zuckerberg could be worth $17.
HONG KONG (Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd is set to start formally pitching its New York initial public offering to investors in the week of Sept. 8, the New York Times reported, citing an unnamed pe... Read Post
Twitter will offer 70 million shares in its Initial Public Offering, and has priced those shares at $17-$20 per share, according to an amended S-1 filing. Twitter’s IPO pricing range was rumored to drop today, several weeks after it... Read Post
MILAN (Reuters) - The chief executive of Fiat-Chrysler, Sergio Marchionne, said on Saturday October 13 was the first possible date for the group to launch its initial public offering on Wall Street. "October 13 is the first possible... Read Post