Small companies will now be allowed to sell stock directly to the public through crowdfunding websites without going through a stock exchange.
Since going public last December, the stock gained more than 75%.
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Zillow has notched a powerful stock push since going public in July 2011.
Apple was in the middle of the pack paying a 25% reported tax rate (eBay was the lowest at 17% and Facebook was the highest at 38% but this was probably effected by stock options and going public).
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Facebook has the highest reported tax rate but since it is a young company and has tax ramifications from its stock options and going public it will take a few years to see what rate it winds up paying.
For example, the links between a company desirous of going public and its lead merchant bank, underwriters, stock exchange and credit rating agencies--as well as the fees they earn--are well established and easily understood.
Like Ackman, Einhorn was also short Herbalife in 2012 his pointed questions on a May conference call prompted a steep downdraft in the stock but quietly so, not going public with the position.
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In the long run, of course, this philosophy has helped Google's stock price increase by more than five times since going public.
It already has some experience of going public, floating its Hong Kong operations on the territory's stock exchange over a year ago.
Silicon Valley periodically rediscovers the SPAC, or Special Purpose Acquisition Corporation, when the overall stock market is healthy but startups are having trouble going public.
Some folks are going to get even richer if the New York Stock Exchange does buy Archipelago and goes public.
More pressing is what Citron is going to do about his losses and flagging stock price, down 62% since its initial public offering last spring.
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