Company valuation drops by more than $10bn
Google yesterday slashed the price of its initial public offering (IPO) to between $85 (£46) and $95 (£52) per share, a sharp drop from its expected valuation of between $108 (£59) and $135 (£74). ...
To continue reading this article...
Join Computing
- Unlimited access to real-time news, analysis and opinion from the technology industry
- Receive important and breaking news in our daily newsletter
- Be the first to hear about our events and awards programmes
- Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
- Access to the Computing Delta hub providing market intelligence and research
- Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders