Seth Klarman's Margin of Safety is a rare and elusive book that sells for a huge premium over
its IPO original price.
Not exact matches
An investor who bought Google stock 13 years ago at its
IPO price of $ 85 would now own a piece of the company worth about 22 times their
original investment.
Pandora's shares will now debut on the New York Stock Exchange and sell at a
price between $ 10 and $ 12, up from the company's
original IPO pricing of between $ 7 and $ 9.
The company's shares closed at $ 37 on their first day of trading Friday, a whopping 131 % jump from the
original IPO pricing of $ 16 a share.
On Thursday, the shares were dropping again, down 6 % and back around the
original IPO price, thanks to growing resentment over an ugly redesign of Snap's app.
Wadiak's changing role comes after a painful
IPO for the meal kit delivery service, which first had to reduce its
original IPO price and has since seen a significant drop in its share
price.
The
original indicative
IPO price was set at $ 15 - 17, but ended up at $ 14 & the shares haven't traded higher since — 10 million shares were sold for net proceeds of $ 128.7 mio.
Of course, that's nothing compared to the
original IPO price — the shares are up over 12,000 % since then!
This was also well above the
original expected
price range for its
IPO of $ 10 to $ 12.
Altogether, S.DICE investors have come out with a very good deal: despite the Bitcoin
price rising by a factor of seven, those who invested in the
original IPO are getting the same amount back that they put in, and can also keep their dividends over the course of the past year amounting to a total of 20 % of the share
price.