Chapter 761: Myths are born

Of course, there are some experts who are more familiar with the rules of the NASDAQ exchange, and at this time, they play to their strengths.

An expert explained that generally speaking, before a new stock is listed, in addition to determining the issue price, then it is also necessary for the market maker to confirm an opening price. The opening price is determined by all investors, that is, those financial companies, fund companies, super institutions, and investors who place different orders, and finally cleared by the computer.

Generally speaking, stocks with relatively small plates can make an opening price within a minute or two of the opening of the NASDAQ exchange. Even if the plate is relatively large, for example, when Google went public, it only took 5 minutes. But unexpectedly, 15 minutes have passed at this time, and the opening price has not yet been made.

This also proves from the other side that Penguin's stock is trading extremely hot.

Of course, as for the question of the specific market value of Penguin's stock predicted by the media.

For the time being, no one will be able to answer this question.

Because the opening price has not yet come out, the specific market value cannot be determined.

One thing is for sure, though.

Judging by such a hot trading situation, the opening price of Penguin must be greater than $10

The total market capitalization is definitely above 450 billion.

So, all we have to do now is wait.

No way.

The transaction is so hot that even the supercomputer used by the NASDAQ will not be able to calculate all the numbers for a while.

It's just that what many people don't know is that they waited for more than 3 hours.

After everyone ate in the afternoon, the opening price of Penguin was finally determined.

$13.

The opening price is 30% higher than the issue price of Penguin.

When such an opening price came out, the entire NASDAQ exchange was boiling again.

Nima actually rose by 30%.

Such a terrifying stock can actually rise by 30%.

Perhaps, a 30% increase is not much for some stocks. In the Nexcda stock market, many times, there will be a stock that rises by 30, or even 40%. Not to mention, on the first day of listing, there were more stocks that went on the market with a big rise. It's just that some of the stocks that have risen sharply are small-cap stocks, and the market value is not large, even if he rises 10 times, it will have little impact on many people.

But, Penguin, what kind of stock is this?

450 billion market capitalization.

Even if it is a 1% increase, he is $4.5 billion.

If you look at the stock of the Nasdaq, there are a whole bunch of companies with a market capitalization, none of which have reached $4.5 billion.

Not to mention, this is a 30% rise, and this calculation, the market value of Penguin has increased by $135 billion in an instant.

That's equal to the market capitalization of another company close to Google's size.

In other words, Penguin is calculated according to the opening price, then he is $585 billion.

585 billion.

Seeing this number, almost everyone was dumbfounded.

Even if people knew that Penguin was very good, they didn't expect it to reach such a terrifying number.

It's just that what people didn't expect was that $585 billion is not the real market value of Penguin.

The 30% increase was not the biggest increase for Penguin on the day.

When countless people were stunned and shouted miracles, Penguin's stock rose sharply again.

35%。

50%。

100%。

At this moment, people can no longer describe it with the word stunned.

With a 100% increase, he has doubled the market value of Penguin to a terrifying $900 billion market capitalization.

900 billion.

Exactly two ExxonMobil.

ExxonMobil has long been considered the world's largest company by no one else.

But now, Penguin, his market capitalization, is double ExxonMobil.

Seeing such a number, people gasped.

Although many people are at this time, they are rational to believe that the market value of Penguin will definitely not reach 900 billion.

Yes, absolutely not.

No matter how you calculate it, even if Penguin has Facebook, there are super companies like Penguin Fund.

However, the market value of $900 billion is still too terrifying.

It's just that the capital market may be so crazy.

Sometimes, the capital market is not something that can be controlled by rationality.

Even though many people think that Penguin's $900 billion market value has created a bubble, Penguin's stock continues to rise.

Just like some ordinary investors on the NASDAQ exchange floor.

In their hearts, there is only one voice.

Penguin, can it break a trillion dollars?

trillion dollars.

Although 900 billion dollars is only one step away from trillions.

However, $900 billion is far from being comparable to trillions.

In this world, so far, no company has a market capitalization of more than one trillion.

Even ExxonMobil, some people fantasized about whether he would break a trillion back then.

However, since he went public, he has been around $400 billion.

Until later, countless experts, economists, also continued to evaluate.

The trillion market capitalization is actually a myth.

They don't think there will be any company that will be able to exceed a trillion dollars in market capitalization in the future.

If it is exceeded, then, this company, will cause everyone around the globe to go crazy.

But now, people seem to see that Penguin has the ability.

Although for others, the gap of 100 billion US dollars may be difficult to reach in a lifetime.

But for Penguin, maybe, really.

However, it seems that there is always a slight gap between myth and reality.

After Penguin rose 100% and its market value exceeded $900 billion, Penguin's stock has been going up and down around $20.

Zhang Ning doesn't care.

It's not that he doesn't want Penguin's market capitalization to exceed 1 trillion, but in his heart, $900 billion is far beyond his imagination. Even he felt that the market capitalization of $900 billion was too high.

It's just that myths are often born inadvertently.

Just when countless people thought that the market value of Penguin could not reach 1 trillion.

Suddenly, a super large order came roaring.

1,000,000 lots.

1 lot to 100 shares, 1 million lots, equal to 100 million shares.

At $20 per share, 1 million lots is $2 billion.

The $2 billion order quickly swept all the orders that were being filled.

At the same time, Penguin's stock price also began to rise violently under the stimulus of this $2 billion order.

$21.

21。 $5.

$22.

The legend is getting closer.

At this moment, all Penguin investors almost have to hold their breath.

They know when Penguin's share price breaks through 22. At $2, then the market capitalization of Penguin will reach 1 trillion.

It's just that the $1 trillion gap is really huge.

At a time when Penguin stock has been trying to break through this price, it has been hit back by a sell order from above.

Is it really impossible to break through?

Zhang Ning had a little regret, but he didn't feel anything.

Of course, it has a huge impetus for the Penguin brand to break through, but it is also perfect if it does not break through.

It's just that Zhang Ning can accept it, but the shareholders of Penguin and the investors of Penguin are unwilling to accept it.

1 trillion, must be reached.

It's just the last little bit, and it must be reached.

, I'm going to fight.

I don't know when the news of breaking through the trillion-dollar market value went viral throughout the stock market.

It doesn't matter if you are a shareholder of Penguin Inc. or if you are not a shareholder of Penguin Inc.

They are all at this moment, looking at the Penguin stock.

At the same time, they are also watching whether Penguin can exceed $1 trillion.

What an exciting scene.

Think about it, if it can break through, it will create the first stock in history to break a trillion dollars.

History will remember today.

Brothers, I'm going to take out the last of my possessions, and I'm going to buy shares in Penguin.

I also fight, we don't believe it, and we can't create a myth of 1 trillion.

Go, friends, everyone has set all the purchase prices to 22. $2.

We don't believe that we can't break through the $1 trillion market capitalization.

Countless investors secretly said in their hearts.

They took out a sum of money and smashed it on top of Penguin.

Some ordinary investors come up with $10,000.

Yes, but it was 100,000 yuan.

What's more, directly 1 million 1 million smashed.

And, of course, those direct tens of millions, hundreds of millions of dollars.

Success or failure is here.

People seem to know.

If it can't break through 1 trillion this time, then it will be difficult to break through in the future.

A series of large orders were eaten up by the influx of buyers.

Among the number of Penguin stock transactions, the information is constantly refreshed.

Eat 22. A sell order of 10,000 shares for $1.

Eat 22. A sell order of 100,000 shares for $1.

Eat 22. A sell order of 1,000,000 shares for $1.

Eat 22. A sell order of 10,000,000 shares for $1.

Eat 22. A sell order of 100,000,000,000 shares for $1.

When eating the hardest last 22. After a $1 big order.

Myth is born.

Penguin's share price touched 22. $2, even, slightly more than a bit.

But that's okay anymore.

Because, people already know, and the world already knows, the world's first trillion-dollar market value stock was born.

His name is Penguin Company.

This is a stock that is destined to go down in history and be remembered for a long time to come.

This is also a legendary stock that will make people boil every time it is introduced, every time it is talked about.

The largest IPO in history.

The largest market capitalization in history.

The first in history to break a trillion dollars

The first one in history is from China, but it is at the top of the list.

History......

The first in a series, the top of a series of lists, has made such a stock, and it has also made a penguin.

$1 trillion.

See that the last closing price is set at 22. After $2, Zhang Ning was ecstatic.

Although he was happy to accept that he could not break through 1 trillion before.

However, Penguin's ability to break through one trillion yuan made Zhang Ning extremely crazy.

Billion.

Trillion.

If 100 billion is a supergiant company in history.

Then, trillions, he is the one who has nothing in history.

He is completely up a level compared to 100 billion, which also makes Penguin more than all companies in the world.

At this moment, Zhang Ning knew.

The penguin who has achieved trillions of dollars, his fame is no longer compared with Microsoft, IBM, Google, and any supergiant in the world. He's taking ......

No, these supergiants in the eyes of others are no longer qualified to compare with penguins.