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NEW YORK Google’s stock closed its first day of trading on the Nasdaq today at $100.34 per share, 18 percent above the initial public offering price of $85.
The stock reached a high of $104.06 during the day, as more than 22 million shares changed hands.
In the end, the highly anticipated IPO raised $1.67 billion, down from the $2.7-3.3 billion Google and its shareholders were initially hoping to fetch from selling 24.6 million shares at $108-135 per share.
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