Visa Ipo

Discussion in 'Current Events' started by Skeva31776, Mar 18, 2008.

  1. Skeva31776 macrumors member

    Joined:
    Mar 16, 2008
    #1
    Anyone planning on buying VISA shares on market open tomorrow, anyone have a idea on what limit order price would be good price to ensure purchase of the shares?:confused:
     
  2. obeygiant macrumors 68040

    obeygiant

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    #2
    $100 per share? Last I heard it was trading at $44.

    But the market is a bit volatile. It might be wise to wait a day or so to make sure it doesn't sink.

    MA started at $39 and it took 2 or 3 years to get $212
     
  3. Kamera RAWr macrumors 65816

    Kamera RAWr

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    I'm where I need to be
    #3
    Thats still quite the handsome return though ;)
     
  4. obeygiant macrumors 68040

    obeygiant

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    #4
    Visa opened at 59.50 then dipped to about 55. Now its up to 60.50...59.89...
     
  5. obeygiant macrumors 68040

    obeygiant

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    #5
    Mar. 19, 2008 (Thomson Financial delivered by Newstex) --

    (AP) - Visa Inc. (NYSE:V) shares soared nearly 30 percent in their Wednesday debut as investors latched on to the largest initial public offering in U.S. history. Below is a list of the top 10 IPOs by total deal value, according to Renaissance Capital's IPOHome Web site and AP research.

    Top 10 U.S. IPOs - First Day of Trading
    1. Visa Inc. (2008): +28.4 percent
    Deal Size: $17.9B
    IPO Price: $44; First Day Close: $56.50

    2. AT&T (NYSE:SBT) (NYSE:T) Wireless (2000): +7.8 percent
    Deal Size: $10.6B
    IPO Price: $29.50; First Day Close: $31.8125
    3. Kraft Foods (NYSE:KFT) (2001): +0.8 percent
    Deal Size: $8.7B
    IPO Price: $31.00; First Day Close: $31.25
    4. United Parcel Service (NYSE:UPS) (1999): +36.5 percent
    Deal Size: $5.5B
    IPO Price: $50.00; First Day Close: $68.25
    5. CIT Group (NYSE:CIT) (2002): -4.3 percent
    Deal Size: $4.6B
    IPO Price: $23.00; First Day Close: $22.00
    6. Conoco (1998): +8.2 percent
    Deal Size: $4.4B
    IPO Price: $23.00; First Day Close: $24.875
    7. Blackstone Group LP (2007): +13.1 percent
    Deal Size: $4.1 billion
    IPO Price: $31; First Day Close: $35.06
    8. Travelers Property Casualty (2002): +5.7 percent
    Deal Size: $3.9B
    IPO Price: $18.50; First Day Close: $19.56
    9. Goldman Sachs Group Inc. (NYSE:GS) (1999): +32 percent
    Deal Size: $3.7B
    IPO Price: $53; First Day Close: $70
    10. Agere Systems (2001): +0.33 percent
    Deal Size: $3.6B
    IPO Price: $6; First Day Close: $6.02


    Of course that 28% increase is only for those who could get in on the $44 original stock price. Otherwise it'll be another 6 months to a year before anybody makes any real money.
     
  6. obeygiant macrumors 68040

    obeygiant

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    #6
    If you invested $10,000 in Visa at IPO, you'd have approximately $13,000 by now. Not bad.
     
  7. CorvusCamenarum macrumors 65816

    CorvusCamenarum

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    #7
    The highs from the first day of trading would be more interesting to see. A big-name IPO usually has a juicy spike before settling down IIRC.
     
  8. Unspeaked macrumors 68020

    Unspeaked

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    West Coast
    #8
    Hit a new 52-week high today (closed at $83.45).

    Interesting.
     

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