Ebay said, I thought, that their initial offering would be at, or around, $18.00. But, from all I can gather, the stock opened at, or around, $45.00. Can someone explain this to me, please?? Could it be that the first days trading history was not made available. Or, could it be that the company brokering the stock only let it open at $45.00?? If so, who got the difference between $18.00 & $45.00???
I'm terribly confused! Could someone straighten me out on this?