The return is measured by comparing the price change between the opening price
and the noon price (a simple arithmetic return).
Therefore, once opening prices
start falling below offering prices, securities companies use a larger IPO discount.
Each year, opening prices
are generally weak during this period because of the large number of IPOs.
On the secondary market, two of the April IPOs had an opening price
below the offering price, seven had an opening price
that was about the same, and six had an opening price
that was more than 50% higher.
Tim Makris, product manager for North American shaving and beauty products at Braun, said that part of the company's strategy is to bring greater technology to the opening price
point to entice first-time users to enter the category.
The auction is run on the web at a specified date and time with an opening price
125, up from an opening price
of $19 and Thursday's IPO price of $15 per share.
We work hard to offer solid fashion at opening price
points, but we have to make sure we offer leading edge fashion for the customer who expects it.
Launched in October, the Opening Cross is a centralized order facility that provides market participants and investors with a highly transparent and accurate single opening price
in NASDAQ-listed securities.
85 for each of their shares, a 20 percent premium over Tuesday's opening price
At the open of trading today, every 200 shares of Tango common stock will be combined into one share of common stock, a corresponding opening price
will be reflected by the consolidation.
com temporarily suspended "over-under" wagering on the Google IPO auction after an onslaught of bets from New York and California saying the search engine would have an opening price
of less than $110 per share, which was on the low end of Google's own forecast of $108-$135 per share.