Wednesday, March 19, 2008
Visa went public yesterday in the largest U.S. IPO ever -- $18 billion. The shares were priced at $44, above the expected range of $37-$42. About 77% of the IPOs in the pipeline have been withdrawn or postponed. WSJ, Visa's IPO Price: $44 a Share; NYTimes, Big Payday for Wall St. in Visa’s Public Offering.