Google Cuts Share Price

We wrote a story about the fact that the Google share price is to high. Now Google just announced a lower price range for its offering on the Google IPO site.

From the Google IPO announcement site:
"The offering price is now expected to be between $85 and $95 per share. As originally planned, Google expects to sell 14,142,135 shares of Class A common stock in the offering. However, in view of this new price range, the selling shareholders are reducing the shares they expect to sell to approximately 5.5 million shares, yielding a total offering of approximately 19.6 million shares."
Full Annoucement.

Still for my taste it is still to high. Read also a new story on Always-On about the Google Share Price.

What Others Say about This

Harry interviews Andrew Stanton about JOHN CARTER, GODS OF MARS & WARLORD OF MARS...

Hey folks, Harry here... Watching Andrew Stanton's JOHN CARTER and then having an hour long interview was a bizarre experience for me that really can't be adequately explained. I worked on essentially 4 different versions of this movie at Paramount, year ...
Full article at: Ain't It Cool News  More like this  49 minutes ago

Late payments on mortgages rise again in 4th qtr

February 14, 2012 — NEW YORK (AP) — Late payments on mortgages ticked up in the last three months of 2011, the second straight quarter-to-quarter increase after nearly two years of steady decline. Credit reporting agency TransUnion said 6.01 percent of m ...
Full article at: Mail.com  More like this  59 minutes ago

Fossil's CEO Discusses Q4 2011 Earning Results - Earnings Call Transcript

(Operator Instructions) The first question is from the line of Randy Konik with Jefferies & Co. Please go ahead. My first question would be for Mike, Mike you know the SG&A leverage you got in the quarter, is that something that we can expect to continue ...
Full article at: Seeking Alpha  More like this  1 hour ago

Don't miss ...

news

 

Zynga Wants some Employees to Give Up Pre-IPO Stock

Nov 10 2011

Give that stock back or get fired

news

 

Google Lets You Opt-Out of Personalized Ads

Jan 24 2011

Hide from the robots.

news

 

Vizio & Toshiba Going Google TV At CES: Report

Nov 28 2010

Google on its way to dominate your living room

news

 

Google TV gets Hammered by NYT and WSJ Reviewers

Nov 18 2010

Google TV not that great?

 

• More Other Stuff Stories
• I4U News Homepage