SolarCity (SCTY) Lowers Expected IPO Price to $8/Share
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Elon Musk's SolarCity (SCTY) IPO Opens Higher
December 13, 2012 11:10 AM ESTThe IPO for billionaire Elon Musk's SolarCity (NASDAQ: SCTY) opened for trading at $9.25 after pricing 11,500,000 shares $8 per share, after it was recently reduced from a $13-$15 price target range.
Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are... More
UPDATE: Elon Musk's SolarCity (SCTY) IPO Prices at $8
December 13, 2012 8:28 AM EST(Updated - December 13, 2012 8:29 AM EST)
SolarCity Corporation (NASDAQ: SCTY) priced its IPO of 11,500,000 shares of common stock at a price of $8.00 per share, in-line with the recently reduced price target range (from $13-$15). Shares will open on the NASDAQ today under the symbol... More
