Google Drops Price Of IPO

SAN DIEGO, CA – AUGUST 18: The home page shows the Athens 2004 Olympics version of the Google logo on a computer on August 18, 2004 in San Diego, California. Google modifies its clickable logo for holidays and special occasions. Google has slashed the price range for its initial public offering by more than 20 percent as demand for the debut of the search engine’s stock flounders. The company also announced that its existing shareholders would be selling significantly fewer shares to the public because of the lower price. (Photo Illustration by David McNew/Getty Images)

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Syed Faisal Zafar

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