[PS: Due to the author's shallow knowledge, the listing process may be seriously inconsistent with reality. Therefore, the plot described in this chapter does not represent the setting in reality. To put it simply, the plot of this book is completely fictional. If there are similarities, it is purely a coincidence.
Also, the fourth chapter will have to wait until the wee hours of the morning. There are a lot of things to do today, so everything will be written on the spot. Please forgive me.]
The Daqian Group was a major shareholder of 51sSearch. This was something that no one had expected. In this way, 51sSearch was no longer a rootless duckweed. It was also a company with a strong background.
This also meant that the entire Hua Xia market could be opened to 51sSearch with the help of the Daqian Group.
This was just like how in the future, when a big company bought or invested in a stock, it would immediately cause a wave of crazy prices. When they found out that the Daqian Group and 51sSearch were actually one entity, 51sSearch instantly became different in the eyes of many Wall Street bigwigs.
Of course, this wouldn't affect the stock price too much. After all, the Daqian Group didn't seem to have any other plans on the Internet besides 51sSearch. Therefore, they couldn't provide much help to 51sSearch's specific business.
Soon, it was our Boss Jia's turn to speak.
Originally, Boss Jia wasn't interested in speaking. After all, the whole company was built by Huang Yiming, Huang Yiming, and Jed. Boss Jia wanted to give this opportunity to them.
However, because of Jed's personality, it was impossible for him to speak on stage. As for Huang Yiming, it was originally supposed to be him. However, this guy's legs were shaking before he went on stage. No matter what, he refused to speak. Therefore, the opportunity was given to our Boss Jia.
"Actually, this is my first time participating in the Nasdaq Bell Ringing. I didn't know what to say, so before I went on stage, I asked my good friend, Mr. Jon Landau. He told me that it was enough to just say a few words and imagine the future with the investors!" As soon as Boss Jia opened his mouth, many people laughed.
There weren't many people who could speak so humorously at the Bell Ringing Ceremony. Boss Jia was one of them.
However, when they heard Boss Jia's words, they couldn't laugh anymore.
"I don't know what to say, but I hope that Nasdaq will get better and better, and the market value of all companies will get higher and higher!" Boss Jia chuckled and said, "As for imagining the future with the investors, I don't know how to do it, so I'll just tell you the truth!"
"That is, if you buy our 51 Search's shares, then keep them for a long time and don't sell them to anyone. I can guarantee that 51sSearch is now worth 12 billion USD. In 20 years, 51sSearch will be worth at least one hundred and twenty billion USD. Everyone's investment will increase by a hundred times, hahaha!! "
"One hundred and twenty billion USD??" Everyone present looked at Jia Yapeng as if they were looking at a fool. They had seen people who bragged before, but they had never seen someone who bragged like this.
"This guy is probably an unprofessional swindler!" Everyone muttered in their hearts.
Sigh … they don't know that Boss Jia is actually a good person who never lies!
Unfortunately, it turned out that Boss Jia was really a liar.
As the NASDAQ bell rang, the NASDAQ opened at 9: 30 a.m. in the United States. 51 Search's shares were also listed on the shelves. The price was the same at 12 USD per share.
The moment it opened, 51sSearch's share price plummeted to 11.50 USD, then 11 USD, and then 10 USD.
51sSearch's share price finally stopped plummeting at around 10: 30 am and stabilized at around 4.56 USD per share.
The share price plunged from 12 USD to 4.56 USD, a drop of 200%. This shocking figure shocked all the Nasdaq shareholders. This is probably one of the most terrifying shares in the history of the US stock market.
This made many of the shareholders who had originally bought the shares at around 10 USD feel like jumping off a building.
Because 51sSearch is an internet concept stock, the shares of Yahoo and Microsoft, which are next door, also plummeted. Yahoo suffered the worst. Its share price fell by 8%, and Yahoo's employees were shocked.
This is what it means when you sit at home, trouble will fall from the sky!
Huang Yiming's senior management is so anxious that they are about to cry. Their 51sSearch had finally been listed, and now it has fallen to this state. This is too tragic.
"How is it? Have you sold all the shares?" Boss Jia asked with a smile.
"About half of the shares have not been sold!" Huang Yiming smiled bitterly and said, "But the share price has fallen to 4.5 USD. We are going to be hated by the United States shareholders. They lost half of their wealth in just one day because of us!"
Because 51sSearch priced the shares at 12 USD, the agency in charge of the issue did not dare to sign an underwriting agreement. Therefore, all the shares were bought by the Nasdaq shareholders and institutional investors.
This is also the reason why the share price fell to 4.56 USD. Because such a large number of shares were bought by the individual investors. The individual investors' appetite is not so easy to suppress, and the share price naturally fell all the way.
However, the shareholders who bought the shares above 10 USD were in big trouble. They lost a lot of money.
"Ok!" Boss Jia nodded, and then asked a question that made Huang Yiming want to vomit blood, "Look at the share price. Will it continue to fall?"
"Yes, Constantine said that he estimates that the share price will fall to around 3 USD when the market closes today. He wants us to be mentally prepared!" Huang Yiming said weakly.
Constantine is the agency manager in charge of 51sSearch's listing this time. He is also an old fox in the stock market. His advice is very reliable!
"3 USD … Then wait a little longer!" Boss Jia touched his nose, looked at the Nasdaq index, and said faintly.
— — —
"Wait a little longer, it's not the limit yet!" In the conference room of the Wellington Foundation, several managers said with red eyes. They didn't expect things to go so smoothly this time. With the retarded operation of 51sSearch's management, a gold stock full of potential fell by 200% in the early days of the opening. What a huge opportunity this is!
None of these fund managers are fools. They looked up a lot of data from 51sSearch and finally came to the conclusion that the Internet is an industry with unlimited future, and 51sSearch is also a company with unlimited future and prospects … Of course, the 1.2 trillion USD market capitalization mentioned by Jia Yapeng is pure nonsense.
But if it is really given another five or six years of development, the total market value of the company may exceed 50 billion USD. It is very likely.
Therefore, the Wellington Foundation is determined to buy 51sSearch's shares, but it is impossible for them to accept the price of 1.2 billion USD per share. According to their original plan, they will use various means to suppress the share price to about 6 USD per share, and then quickly buy it.
But they didn't expect things to go much smoother than they expected. The Wellington Foundation didn't even make a move, not even a rumor, and 51sSearch's share price has fallen to 4 USD, and it is heading towards 3 USD.
When the share price fell to 4.2 USD per share, a manager of the Wellington Foundation couldn't hold it anymore. He asked tentatively, "Do you want to buy it?"
"Is there any movement from other foundations? How is the stock buying situation? "The general manager frowned and asked.
"There is no movement from other foundations. The number of shares sold is still more than the number of shares bought, and at least half of the original shares have not been sold, and are still in the hands of 51sSearch." Someone said.
"Then it is far from the limit. Continue to wait, I estimate that only when the share price is about 3 USD, those old foxes can't help but make a move!" The general manager smiled and said, "Listen, as long as the share price falls below 3.5 USD, we will immediately make a move and sweep all the shares on the market. We will grab as much as we can, and it will be gone if we are slow!"
At about 11: 50 noon, 51sSearch's share price, which has been around 4 USD, fell to 4.02 USD per share. It is estimated that in a minute or two, it will reach 3 USD per share.
"Well, we can't be too greedy. The boss said that 4 USD is enough!" In a foundation's office, a faint voice ordered, "51sSearch all the orders under 5 USD."
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