My rebirth is different

Page 936

But the shares are different. These shares are for the company to commend its outstanding performance in the past two years!

This is earned by my own ability!

Hu Jingjing feels that she can brag when she goes out in the future. Relying on her own efforts, she started to work part-time when she was in college. She worked day and night for almost two years, and finally became a multi-millionaire with her own skills!

Just ask if you are inspired or not?

I should be able to become one of the outstanding alumni of East China Normal University, and I will receive invitations when there are school celebrations in the future, haha...

Thinking of this, Hu Jingjing almost laughed out loud.

…………

At 09:30, when the countdown reached "0", several representatives of Facebook ringing the bell pressed the button together, and the stock market officially opened!

Wealth making machine, open!

Chapter 791

Because Facebook is the only company listed today, after the market opens, the focus of the entire stock market will be Facebook!

Facebook's share price was also projected onto giant screens in the Nasdaq market hall.

Today, the focus of all the people present is whether the stock price of Facebook can still rise?

The opening price of 150 US dollars is not low, can it continue to rise?

If it continues to rise, what price can it finally reach at the close?

In the U.S. stock market, IPOs are different from domestic IPOs.

In the U.S. stock market, on the first day of listing, new shares are not traded immediately when the market opens.

Instead, the main market maker conducts price matching, and only after finding a suitable opening price can it be officially listed for trading.

During the period before the opening of the market, traders who intend to sell and those who intend to buy will submit target prices and quantities for round after round of matching.

In this process, if there are relatively few participants, it may only take one or two rounds of price allocation. If there are many participants, then there will be more rounds.

Obviously, today's Facebook belongs to the kind of situation with more participants.

All the people present looked up at the big screen, but the price did not appear for a long time.

After waiting for a long time, everyone's necks were sore, and the price has not yet come out.

"It's been at least five rounds of bidding, and the price hasn't come out yet!" an American financial reporter exclaimed.

The stock price submitted by Facebook is 150 US dollars, which is only an intention price, and does not mean that it is the final price.

If the number of traders interested in buying is relatively small in the price matching stage before the official opening, the opening price will be lower than $150.

Conversely, if there are a large number of traders interested in buying, the opening price will be higher than $150.

Now that long time has passed, and the official opening price has not been displayed, it means that there is only one possibility, and that is that there are too many people participating in the bidding!

As a result, the transaction price is constantly increasing, and traders who are unwilling to pay high prices are screened out.

Until the total number of buyers buying and selling shares equals, then there will be a final price, which is the final opening price of Facebook!

This process may take up to an hour. In reality, when Twitter went public, it took an hour for the opening price to appear.

And this time, Facebook obviously won't be any faster.

"Everyone go about your own business. I estimate that it will take an hour to get the results." At the scene, a stock trader shrugged and said helplessly.

This is also something that can't be helped. Everyone has nothing to do but wait.

At the same time, employees in China and within the Facebook company were all attentively watching the broadcast on the big screen.

Seeing that the market is open at the scene, but the stock price of Facebook has not been displayed, I am a little impatient.

"What's the situation? There won't be a problem." Lao Wang, the director of the operation department, said suspiciously, feeling a little nervous.

He thought to himself, don't lose the chain at the critical moment, this is related to his own wealth and life, so it can't be a joke!

"No problem, this is a good thing. It means that there are more bidders, and a higher price may be offered in a while." Xiao Zhang knew a little about the US stock market, so he told Lao Wangdao.

"That's good, that's good! I don't expect a high price, as long as I can hold on to $150!" Old Wang felt relieved.

…………

A full hour later, a trader stood up and yelled "Freeze the Book!"

At the same time, a huge number, "175" was also displayed on the big screen in the trading hall!

Facebook's official opening price appeared, which was $170.

There was thunderous applause at the scene, and the price jumped from 150 US dollars to 170 US dollars. That is to say, within this hour, Facebook stock has risen by more.

"We succeeded, Mr. Fei!" Cai Congxin said excitedly, his eyes were slightly red.

The 100 million shares he owns are now worth nearly [-] million US dollars, and he has only been on Facebook for half a year.

Moreover, Yu Wenfei once promised that as long as he performed well in his work, he would continue to reward him with shares.

After the successful listing of Facebook this time, presumably this promise will be fulfilled.

Yu Wenfei smiled and patted Cai Congxin's arm, "This is the beginning! Keep working hard, we are still far from real success."

On the big screen, Facebook's stock price is still beating, which means that there is a steady stream of new buyers, hoping to get Facebook's stock at a higher price.

"178"

"180"

"185"...

The price climbed all the way until it reached around [-] US dollars before slowing down and starting to fluctuate slightly.

At the close of trading in the afternoon, Facebook's stock price was fixed at "212" US dollars.

On the day of listing, it skyrocketed by 62 US dollars, an increase of 40.00%!

The total market value of Facebook has reached 310 billion US dollars, 500 billion yuan.

The Internet in China is already boiling...

…………