The final offering price was set on May 17, the day before the IPO.
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Fifteen of these companies have stock prices up more than 100% from their offering price.
Other folks--including venture capitalists--could pretty much forget about getting any stock at the offering price.
All this shows why setting an offering price for shares in an IPO is so tricky.
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While they have partially recovered, shares are still down approximately 38% from the initial offering price.
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One out of every 10 IPOs is trading at least 20% below its offering price.
Its stock price, despite some hops and dips, has mostly hovered around its initial offering price.
But through May 25, the average increase over the offering price was 8% for IPOs this year.
But it has overshot the offering price today because investors know it is a ridiculously low offer.
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Some High Street chains started offering price discounts as early as mid-November, in a bid to challenge slow sales.
Fortress Investment Group debuted in February with a 67% pop over its offering price, but has since come back down.
In other words, its much more like a traditional auction, where the bidding itself sets the offering price of the shares.
With fits and starts, the Facebook stock will rise over the next three years, and climb above the initial offering price.
And its offering price is above that as we see below.
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The much-touted 1-800-flowers.com wilted below its initial offering price in its first day of trading, and is now priced 36% below the offering.
This method of IPO allocation can create an instant windfall for insiders by encapsulating as much market demand into the offering price as possible.
While the offering price is almost 5.5% below the closing price on Thursday, investors were encouraged by the conference call with the management yesterday.
And most of the shares at the offering price went to the institutional investors, who now face paper or real losses on those shares.
In other words, the first-day pop was followed by a correction that put the price of new shares much closer to the offering price.
Zynga shares have mostly traded below their offering price since the IPO, which some bankers have said could hurt Morgan Stanley's chances in winning the Facebook deal.
In addition, the underwriters will have a 30-day option to purchase from Silver Bay up to an additional 1, 987, 500 shares of common stock, at the initial public offering price.
The underwriters of the offering will have a 30-day option to purchase up to an additional 3, 191, 250 shares of common stock from the Company at the initial public offering price.
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The underwriters will be granted an option to purchase up to 2, 475, 000 additional shares of common stock from CyrusOne at the initial public offering price, less underwriting discounts and commissions.
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Vivendi's shares have fallen 7% since the news leaked out, Seagram's stock trades at 26% below the offering price, and reporters stumble over themselves to chortle at Vivendi's star-crossed ambitions.
By pushing up the offering price to its upper limit and by expanding the offering to allow more insiders to cash out, they broke the spell that momentum casts over investors.
The shares are up about 6.7% from the initial public offering price, as the company became the latest home builder to tap Wall Street's growing confidence in the U.S. housing recovery.
Last month, only six months after the offering, Price-waterhouse resigned, leaving Specialty Foods without an auditor and prompting the price of its income trust's units to slide 15% below the offering price.
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