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.
Alibaba, the Chinese e-commerce powerhouse, is ready to strike it rich on the New York Stock Exchange. The company priced its initial public offering of stock at $68 per share today, the top end of the expected range, setting the st... Read Post
By Lisa Baertlein (Reuters) - Growth-hungry investors are lining up for shares of burger chain Shake Shack, which plans to price its initial public offering after the U.S. stock market closes on Thursday. The IPO market lately has b... Read Post
NEW YORK (Reuters) - Burger chain Shake Shack Inc has priced its initial public offering at $21 a share, CNBC reported, citing Dow Jones newswires, above the expected range. On Wednesday, the casual dining chain had raised its expec... Read Post