Buy google ipo stock price history

Shares of the No. More than 22 million shares changed hands on its first day of trading, making Google one of the most actively traded stocks on the Nasdaq. The slightly better-than-expected performance was not enough to save other tech stocks though; the Nasdaq composite index fell about 0. Google, trading under the ticker symbol GOOG GOOG: ResearchEstimateswas supposed to be one of the hottest initial public offerings of stock since the late s. But its gains paled next to some of the hottest names of that era.

When the stock finally opened shortly before noon Eastern Time, it was not without a hitch. But a Nasdaq official said two trades were prematurely posted before the stock had actually started trading. Google slashed the price and the size of its offering Wednesday morning, and wound up selling a total of The company's IPO has been anything but smooth.

It's been hit by a wave of negative publicity and several regulatory snafus since it filed to go public in late April. The Securities and Exchange Commission has launched inquiries into the company's failure to properly register shares awarded to current and former employees as well as an interview that co-founders Larry Page and Sergey Brin did with Playboy just days before Google filed for its IPO.

Google was also a victim of poor timing, as shares of tech stocks have been battered for the past month and a half. Shares of Google's competitors, Yahoo! But in many respects, the fact that Google merely made it to the market is a victory in itself. High-profile nanotech firm Nanosys withdrew its IPO earlier this month, citing unfavorable market conditions.

Several other tech firms, including PlanetOut and Lindows, recently postponed their offerings. Investors also should not feel too badly for Google's co-founders or CEO Eric Schmidt. And according to earnings estimates from three analysts who have already published research impact derivatives stock market india Google, the stock is more of a bargain compared to Yahoo!

ResearchEstimates following the price cut. For more on whether Google is right for your portfolio, click here. At its closing price, Google's multiple dhaka stock market blog to Tinker said this restored some confidence in the company because venture capitalists were showing a willingness to hold on to the stock, apparently due to its binary options bangalore growth potential, instead of immediately cashing out in the IPO.

This was a very messy process but when you cut through all the noise, this is an awesome company," Tinker said.

Still, even with the drastically reduced valuation, there was some skepticism about whether Google should be a buy. Janco's Pyykkonen adds that he was hearing it was difficult for traders interested in short-selling Google to find shares to bermuda online stock broker comparison uk from the banks and brokers involved in the auction.

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Short sellers borrow stock and quickly sell it with the hopes of buying it back later at a lower price. Buy google ipo stock price history there could be some pent-up bearish demand for Google, Pyykkonen said. Analysts quoted in this story do not own shares of Google or other companies mentioned and their firms have no banking relationships with the companies.

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