Detailed text transcripts for TV channel - MSNBC - 20131103:20:25:00
Exchange. >> how does it factor into the pricing for facebook? >> its whether or not the stock trades effect differencely or at all in the first hours after it goes public. it will be priced the night before, somewhere between $17 and $20 a share they say. and then those first trades, if they dont go off effectively as we saw with facebook, that nasdaq had glitches, the trade wasnt made, stock topped out at $43, promptly went to below $20 before it has since rebounded rather smartly. >> so the p...
Source: news source