Sunday, 28 August 2016

12 years since the Google IPO

It's been 12 years since Google went public at a valuation of $23 billion. There was a lot of skepticism 2004 was only a few years after the dot.com bust. Bankers were hoping to price Google at $135 a share but the final price was $85 which resulted in a modest first day pop of 18%. To celebrate the occasion CNBC have put together the best and worst performing stocks since the Google IPO. Only ten stocks have beat it.




Decisive has a long position in Google. The material in this article is for informational purposes only and in no way constitutes a solicitation of business or investment advice. The material has been prepared without regard to any client's or other person's investment objectives. Before making an investment decision you should consider the assistance of a financial adviser and whether any investment or service is appropriate in light of your particular investment needs.