[–] rak00n 7y ago ↗ The article is slightly wrong. They opened with $19.53. It's currently hovering around $18. [–] JakeTheAndroid 7y ago ↗ First trade was at 18 dollars and that's roughly where it ended. But the IPO price was 15 which does mean it is up 20% from the IPO price. [–] rak00n 7y ago ↗ Robinhood reported 19.53 as the opening price. I noticed Google also reported it as 18. [–] sushid 7y ago ↗ Opening price is different from the IPO strike price. Institutional investors and rich folks already bought those shares before they rang the bell for the market.
[–] JakeTheAndroid 7y ago ↗ First trade was at 18 dollars and that's roughly where it ended. But the IPO price was 15 which does mean it is up 20% from the IPO price. [–] rak00n 7y ago ↗ Robinhood reported 19.53 as the opening price. I noticed Google also reported it as 18. [–] sushid 7y ago ↗ Opening price is different from the IPO strike price. Institutional investors and rich folks already bought those shares before they rang the bell for the market.
[–] rak00n 7y ago ↗ Robinhood reported 19.53 as the opening price. I noticed Google also reported it as 18. [–] sushid 7y ago ↗ Opening price is different from the IPO strike price. Institutional investors and rich folks already bought those shares before they rang the bell for the market.
[–] sushid 7y ago ↗ Opening price is different from the IPO strike price. Institutional investors and rich folks already bought those shares before they rang the bell for the market.
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