Life at the Top

Chapter 787

Time ticked by and it was now only three more minutes until the market opened and Sena went public. Jasper had been invited onto the temporarily built stage.

The stage was right under the largest main screen in Nasdaq Exchange Center, which was at the center of the room.

Under everyone’s attentive gaze, Jasper and Jack got on stage.

In the middle of the stage was a large bell.

Since Nasdaq Exchange’s founding, every business that went public would have its legal personality ring this bell.

It was a tradition as much as it was a symbol.

The electronic screen continued to display worlds of welcome like ‘Nasdaq welcomes Sena’ while hundreds of traders had already gotten into position. There were a few dozen reporters holding their cameras, waiting to take a picture of this historical moment.

Jasper accepted a wooden hammer from a manager in the exchange center and was just about to invite Jack to ring the bell with him when he saw the other shake his head with a smile.

“You should ring the bell yourself, Mr. Laine,” Jack spoke.

Although he was stunned, Jasper saw the shine in Jack’s eyes and did not insist. “Alright then.”

Everyone looked up and focused on the electronic screen that covered the entire wall. It displayed both Nasdaq’s and Sena’s logo, as well as an analog clock.

The second hand of the clock ticked continuously until it was almost racing to 9:30 a.m.

“5…

“4…

“3…

“2…

“1…”

Hundreds of people counted down at the same time in the exchange Center.

Jasper knocked the wooden hammer against the bell,

Ring!

strong sound of the bell rang

cheers, the reporters’ cameras flashed maddeningly as they tried to

moved on from the bursting of the dot-com bubble and

Its ticker—SENA!

the stage after they rang the bell. They began to pay attention to the

A senior executive sucked in

said, “The share market in the United States has different rules compared to the markets back home. New shares here normally pay more attention to the pre-IPO on the first day of trading and the more shares bought pre-IPO make for a higher

the United States, most investors tended to buy shares of new businesses

for example, started with an issue price of 25 US dollars

bought by investors through pre-IPO, the higher

a 10% rise limit when it came to

formidable enough, its prices could

difficult would that

Impossibly hard.

market was no longer as crazy as it used to be before the burst of

large exchange centers like Nasdaq, the Dow Jones Index,

proved that investors were getting less enthusiastic and there was also less hot money in the

more rational and no longer

calm facade was immense

center, Jasper watched the scene before

still thinking of ways to interview Sena’s senior executives, and traders had already begun receiving phone calls while starting a new day

was filled with the scent of money

which added to the pressure on

US dollars had to grow at least five

Benett would dare to

with the long face?” Celine interrupted Jasper’s

laughed. “And here I am, worried about whether the share price will meet the requirements when you’re acting like it has nothing to do

set? The point of Sena going public was to help contribute to your cash flow. From the hype we’ve garnered over the past few

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255