With Monday’s run, its market capitalization clears $623 billion
This column originally appeared on Real Money Pro at 7:41 a.m. EDT on July 27.
NEW YORK (Real Money) —
“Surprise No. 18: Facebook’s IPO fizzles. The new offering is priced at a $70 billion equity capitalization but opens flat and breaks issue price in the first day of trading.” …
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Continue reading here: Kass: Egg on Your Facebook
NEW YORK (TheStreet — In the frenzy generated by the huge Facebook IPO, the solid value of another potential IPO is getting lost.
True, Facebook has hundreds of millions of users, and lots of cool features. But there’s an argument to be made that the company is already overpriced with an initial market capitalization of more than $100 billion and nobody quite knows how to fully monetize the behemoth network.
Meanwhile, there is the relatively unsung Coty, whose likely eventual offering shines brightly with expectations of solid growth and profitability. …
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Read more from the original source: Coty’s IPO Would Be Prettier Than Facebook
Category : World News
Category : Stocks
Healthways (HWAY -10%) takes a hit after its Q4 misses estimates across the board. Net profits rose marginally Y/Y, but not enough to offset a steep drop in the health-care provider’s market capitalization, which forced it to write down some of its value. Post your comment!
Go here to see the original: Healthways ([[HWAY]] -10%) takes a hit after its Q4 misses estimates across the board. Net profits rose marginally Y/Y, but not enough to offset a steep drop in the health-care provider’s market capitalization, which forced it to write down some of…