Google Breaks Into Original Range

GOOG closed today at $108.31, thirty one cents above the low end of the range within which Google originally valued itself. (It was $108-$135). It was up nearly $8 from its first close yesterday….

GOOG closed today at $108.31, thirty one cents above the low end of the range within which Google originally valued itself. (It was $108-$135). It was up nearly $8 from its first close yesterday.

Author: John Battelle

A founder of NewCo (current CEO), sovrn (Chair), Federated Media, Web 2 Summit, The Industry Standard, Wired. Author, investor, board member (Acxiom, Sovrn, NewCo), bike rider, yoga practitioner.

2 thoughts on “Google Breaks Into Original Range”

  1. Why didn’t Google structure a 5-to-1 stock split some time back, and price the IPO at $20/share? No reason why they couldn’t have done it; analysts will know that the claimed market cap is the same as a non-split pricing of $100/share, but Joe Small Investor is going to say, “$20, I got some of those in my wallet,” as opposed to, “$100… man, that’s pretty steep.”

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