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- First day of Visa stock trading: March 19, 2008
- Visa is based in San Francisco
- The DOW surged 420 points on the same day (March 18, 2008), making it the largest one-day gain in five years
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On March 18, 2008 Visa priced its initial public offering at $17.9 billion, or $44 a share making it the largest IPO ever. The previous record was held by AT&T; Wireless at $11 billion. Visa has been approved to list its shares on the New York Stock Exchange under the symbol "V". Visa plans to use about $10.2 billion in proceeds to redeem shares held by selling stakeholders that include JP Morgan Chase, Bank of America, Citigroup and National City Corp.
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Visa IPO Price Questions
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How do i pick a Brokerage firm to handle filing a Reg A IPO? 5 AnswersWhat you really want is a good SEC Attorney. I suggest Lance Kimmel of www.SECLawFirm.com Lance can help you decide what to do. You might also want to talk ... read more -
Why are investor clueless about investing in nonprofitable IPOs? 1 AnswerIt is likely greed and of course investors perceive momentum and the ability to make money off an IPO. read more -
What visa do I need to intern in the USA? 2 AnswersI think that you need a H1B work Visa: http://www.usimmigrationsupport.org/visa_h1b.html -- quote -- H-1B Non-Immigrant Work Visa may be issued to applicants s... read more -
Why do credit cards, such as Texaco (and others) have VISA on them. 1 AnswerOne is a complete credit card from VISA. The other is a credit card like a Sears card or JCPenny's card. The VISA works as a visa. You can buy anything you ... read more
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Visa IPO Price Blogs and Commentaries
- Google Blog Search: Visa IPO Price
- SeekingAlpha.com: "Anxiously Awaited Visa IPO Due This Week" (March 16, 2008)
- BloggingStocks.com: "One small ray of sunshine: the Visa IPO" (March 14, 2008)
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