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SolarCity Shares Soar in IPO
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:34
- Date Dec 13, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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Earlier let's go to -- badly -- of the New York Stock Exchange.
And first call I wanna talk about gold because a lot of people just assume that -- all is no money bring that the Fed is gonna be doing.
That gold is going to be jumping up -- price exactly wrong and totally the opposite direction -- -- here have -- on because what happens is you have a stronger dollar now.
Gold is pulling back you have a flow of money gold right now David down 21 bucks and it's well below that 17100.
Troy ounce mark.
OK well.
The NASDAQ is -- about 22 points.
Solar city listed on the NASDAQ today skyrocketing.
Following what what I guess you could really characterizes a very rocky road to the IPO.
They -- there's their price of course the price range and needless to say they also delayed it but here goes a huge percentage job.
And that's what I was gonna point -- I think you hit the nail on the head in not being greedy on the night PL I think was a big help to them but not pricing -- too high.
Rising in on the lower and -- more reasonable side.
Stocks -- and people words from FaceBook Bolivia are apple.
Unfortunate apple back sliding again a lot of questions about whether it can hold the market share that it's had in years past what's going on there.
A couple of -- About -- Dow Jones and not coming back down about 72 points on the day where we started in the green by TT but let's not overstate -- but the my.