HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Wed Aug 03, 2005 4:43 pm Post subject: Baidu.com ups IPO price range to $23-$25 |
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Looks like this definitely is the hottest deal of the year. Come and grab some before it all disappears!
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4:33pm 08/03/05
Baidu.com ups IPO price range to $23-$25 (BIDU) By Steve Gelsi
NEW YORK (MarketWatch) -- Baidu.com (BIDU) on Wednesday upped the price range of its initial public offering to $23-$25 a share, from the earlier level of $19-$21 a share. The Internet search firm also increased the size of the IPO to 4.04 million shares, from 3.6 million. At the midpoint of the new price level, the company will raise $97 million. The IPO is expected to kick off trading on Friday. |
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