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Google Slashes IPO price

Posted by CmdrTaco on from the welcome-back-to-hype-island dept.

Hungry Student writes "In breaking news, Reuters and the BBC are reporting that Google has reduced the price of its IPO to between $85 and $95 per share from $108 to $135 per share. Google shareholders are also reducing the number of shares available for sale by 6.1m to 5.5m. The total number of shares available is currently 14.1m."

2 of 242 comments (clear)

  1. Well..... by weekendgeek · · Score: 1, Redundant

    I don't get it. --ObviousGuy

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    It would be presumptuous to conclude that Americans have no right to know what is being done in their name
  2. Re:Pre-IPO getting less shares owners selling less by Snaller · · Score: 0, Redundant

    Right, because a superior product that makes money is nothing to make money off... wait..

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    If Google really cared they would fix Android Chrome to reflow text, instead of discriminating