Alexander
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What's Interactive Brokers (IBKR) Really Worth? - 2007/05/08 09:53
"What's Interactive Brokers Really Worth? Watch IPO IBKR's First Day Trading at The Speed of Light"
Interactive Brokers' highly anticipated IPO was released on Friday. You can watch its entire first day of trading during the video. The initial red herring called for 20M shares to be priced at $23-$27 per share. Due to heavy demand, the quantity was increased to 34.5M shares at a projected $27-$31 per share. The IPO was finally priced via WR Hambrecht + Co's OpenIPO auction process at $30.01 per share for 40M shares, double the initial expected quantity. So, for the real question... What is Interactive Brokers worth versus its peers? Stocks mentioned: NASD:IBKR, NASD:ETFC, NASD:AMTD, NASD: SCHW, NYSE:GS
To view this episode of http://www.moMoneyTV.com, visit:
http://www.momoneytv.com/vlog/moMONEY/20070506.html
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