Giant Interactive (GA) NewsBite - Giant Up as Traders' Excitement about IPO Continues
Posted on November 02, 2007 at 06:40 AM EDT
Giant Interactive Group Inc. (GA) opened at 19.20. So far today, the stock has hit a low of 18.61 and a high of 19.75. GA is now trading at 19.09, up 0.86 (4.48%). The stock hit its 52 week high of 20.46 in November and set its 52 week low of 17.05 in November. Since its initial offering yesterday, the stock fell from $20 down to $18, but is showing signs of strength today. Shares Giant Interactive have been rallying today as investors' enthusiasm about the company's initial public offering continued. Giants's IPO of 57.2 million priced above expectations at $15.50 per share. We will just watch this one for now. There are no options on GA. [RHF - Seven Summits Strategic Investments NewsBite]
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