Al Jazeera English · updated 10h ago

SHARES OPENED ON FRIDAY AT $150 EACH, MARKING A 6.6% INCREASE FROM THE INITIAL PUBLIC OFFERING PRICE

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Sam Altman was fired as OpenAI CEO — then rehired just 5 days later!

In Nov. 2023, OpenAI's board ousted Altman without warning. Within days, ~700 of OpenAI's ~770 employees threatened to quit unless he returned. He was reinstated — and the board members who fired him resigned.

This storyWhat does a 6.6% IPO pop on day one signal?

  • The stock was underpriced 0%
  • Strong market confidence 0%
  • Insiders left money on table 0%
  • A short-term speculative surge 0%

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Kristen Saloomey reports on the UN for AJE from New York City.

As AJE's New York correspondent, she covers the UN Security Council and General Assembly — giving viewers a front-row seat to global diplomacy. Learn more at Wikipedia

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