3 ms·
I thought the same, with the 21% above closing price. > Fusion-io's shares were trading at $11.61 before the bell on Monday, suggesting that some investors wer
by coreymgilmore 12y ago
I thought the same, with the 21% above closing price.
> Fusion-io's shares were trading at $11.61 before the bell on Monday, suggesting that some investors were expecting a higher offer for the company.
Seems like investors were looking for a higher price as well. My thought on why people think it is a low offer: the general tech world has had (shockingly) high valuations lately for companies. So when people see a "low" valuation, but still reasonable by long term trends, it is a shock. But Fusion is also hardware versus the AirBnB, WhatsApp, etc. valuations for software. Margins could be a big factor.