What will the trading range be for the new Time shares when trading begins in late May ???
ticker is TIME-WI
It seems to be at a "when issued" price of about 22 as of today.
But I have a better question - does the twx price refliect that the Time Inc. stock has been spun off already?
And if it does reflect the spin off as of now (which I think it does), that means that twx is really trading at about 74, not 71.50, which is really a nice amount over its high.