Detailed text transcripts for TV channel - MSNBC - 20120523:09:38:00
Days is remarkable. what changes this dynamic here? >> look. let's understand something. it was supposed to go up 10%, 20%. the shares were defended briefly by morgan stanley, the lead underwriter, at $38. they've gone down to $31. people buying at $38 knew it was trading on 100 times earnings. they knew it was a risk there. clearly they represent a lot better straul but still priced as a very high multiple compared with google and amazon. >> opens today at $31 a share. steve sedgwick live in london, thanks. today, u.s. and iranian officials are meeting in person to discuss tehran's nuclear ...
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