Super charging them with sugar on top of the adrenaline rush of the opening bell in new york. They scrunched together to watch the ceremony on tv monitors. One thing was clear early on the 26pershare ipo price set last night was conservative. Underwriters trying to gauge supply and demand settled on a 45 opening price, 73 higher. That meant twitter could have raised over 1. 5 billion more. The ceo of yelp says setting an ipo price isnt ease emp. Its not a science, its simply an art. At the end of a long day and couple of weeks, you do your best to deliver value to both your own shifting shareholders and the new ones. And you try to be as fair as possible. Reporter while some were jumping in, others didnt because of risk factors. Any ipo stock that becomes a trading vehicle the first few days after an ipo, its a guessing game how much it will eventually be worth. Nobody knows. Doesnt have a track record. There may be revenues, but we dont know what the profitability will be. Theres a ho
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