4 ms·
They already priced well above the expected range. It's highly unlikely they would have been able find subscribers for the 51,551,723 shares of the offering at
by fennecfoxen 6y ago
They already priced well above the expected range. It's highly unlikely they would have been able find subscribers for the 51,551,723 shares of the offering at the post-IPO price, before the IPO.
- whimsicalism 6y ago> It's highly unlikely they would have been able find subscribers for the 51,551,723 shares of the offering at the post-IPO price, before the IPO. I don't believe that. They opened at $140 but couldn't have found subscribers for anything more than $68? I don't think they're that bad at modeling the markets.
- bagacrap 6y agoyea, but they wouldn't have needed to sell 51,551,723 shares at that price, just 24,343,869