2
votes
1answer
169 views

What factors would affect the stock price of a sports team?

Manchester United is IPO-ing pretty soon. What sort of factors would affect their share price? Unlike most companies, they don't have product announcements, weather and political factors don't really ...
6
votes
2answers
539 views

Why did the stock chart for Facebook's first trading day show an initial price of $42 when the IPO price was $38?

Facebook was widely reported as having an IPO price of $38. Yet, all the stock charts show Facebook shares priced at $42 until around 11:30 AM, than dropping to $40, and then only at 11:50 AM ...
4
votes
1answer
285 views

How is the opening-day price of a stock decided?

I have read the the IPO price of a stock is set by underwriters, who then sell to (typically) institutional and "special" investors. Once the stock is ready for the stock exchange, who decides what ...