Ted Poulos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Of money plans to raise in its ipo. 6060 sixl range was dollars per share another top end is 68 per share. It one price range puts step closer to breaking a global fundraising record. 22 william dollars. The worlds biggest ipo. 22 billion. We expected this range to be raised yesterday and it was but it was not as high as some had said. I think we continue to see the company and its underwriters generally pursue a fairly conservative outlook as it relates to pricing. It might just be a reflection of the fact that they have to raise a lot of money. Theyre solid that they are selling over 20 billion worth of stock and that the did thats a big deal. I think they want to make sure that this deal trades well in aftermarket. They want to avoid what happened to facebook and make sure that not only do they place the stock with longterm Institutional Investors but they will be buyers of the stock in the aftermarket so the stock trades well. It does not seem there isnt a shortage of buyers. There

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