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Market mania

机译:市场狂热

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摘要

At the peak of the internet bubble in early 2000, a collection of utilities, oil companies and investment banks founded, appropriately enough, an internet trading market, IntercontinentalEx-change. At that time energy trading, particularly over the internet, looked promising; it then became a disaster, before becoming promising once again. On November 16th, shares in that exchange, commonly called ice, made their debut on the New York Stock Exchange (nyse). The offer price had been raised by half, to $26 a share, even before trading began. Soon after it started, the price reached $43.50. It closed at $39.25.
机译:在2000年初互联网泡沫达到顶峰时,许多公用事业公司,石油公司和投资银行适当地建立了互联网交易市场IntercontinentalEx-change。当时,能源交易,尤其是通过互联网进行的交易看起来很有希望。后来变成了一场灾难,然后再次变得充满希望。 11月16日,该交易所(通常称为Ice)的股票在纽约证券交易所(nyse)首次亮相。甚至在交易开始之前,发行价就提高了一半,达到每股26美元。它开始后不久,价格达到了43.50美元。收盘价为39.25美元。

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