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.

a.m. in the United States, and Jasper knocked the wooden

Ring!

strong sound of the bell rang throughout the entire

the reporters’ cameras flashed maddeningly as they tried to commemorate this historical

enterprise from Somerland had moved on from the bursting of the dot-com bubble and registered

Its ticker—SENA!

and the group got down from the stage after they rang the bell. They began to

in a deep breath and

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 share price.

States, most investors tended to

example, started with an issue price of 25 US dollars with 96 million US dollars worth

shares bought by investors through pre-IPO, the higher the price would

most important thing was that there was not a 10% rise limit when it came to buying shares

was formidable enough, its prices could

would

Impossibly hard.

share market was no longer as crazy as it used to be before

economic development slowed, trade also decreased in large exchange centers like Nasdaq, the Dow Jones Index, and the Nikkei

less enthusiastic and there was also less hot money in

investors were starting to be more rational and no longer rushed to

facade was

exchange center, Jasper watched the scene before

of ways to interview Sena’s senior executives, and traders had already begun

filled with the

to the pressure

25 US dollars had to grow at least five times to exceed

to make such

long face?” Celine interrupted Jasper’s deep

turned to see Celine’s relaxed expression and laughed. “And here I am, worried about whether the share price will meet the requirements when you’re acting like it has nothing

hit the target we set? The point of Sena going public was to help contribute to your cash

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

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