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Chapter 282 - 272: The Financial Guru
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... ng price on the first day ultimately remained around 18 US Dollars.
But at its peak, the stock price had exceeded 23 US Dollars, indicating that the market had a certain degree of recognition for AOL.
In an era where the internet was just starting, maintaining a market value in the 1 billion dollars range was already quite an achievement for AOL.
Steve Case and his team were satisfied with the IPO result, after all, AOL was very young, with a mere 142 employees.
H ...
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