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Visa IPO: Mind the pitfalls

Posted March 6, 2008

 

Baltimore — (TFN): When Visa offers its stock to investors in just a few weeks, it is expected to draw a record-breaking offering. Thanks to Mastercard’s recent IPO victory, Visa plans to piggyback on the success. Unfortunately, the market is dramatically different now. Visa’s share price will plunge shortly after its offering. If you want to get your hands on the company, wait until after share price drops. It won’t take long.

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