Visa Prediction: Close Price of NYSE:V on Mar 26 2008

• 58%
  accuracy

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The much anticipated IPO for Visa Inc. (NYSE: V) is open for trading. The stock is trading at $59.50 after pricing 406 million shares at $44 per share, above the expected $37-$42 range. The price surges near $60 in the first day.

The offering is being made through JPMorgan, Goldman Sachs, Banc of America Securities, Citi, HSBC, Merill Lynch, UBS Investment Bank, Wachovia Securities, CIBC World Markets, Daiwa Securities America, Mitsubishi UFJ Securities Int'l, Piper Jaffray, RBC Capital Markets, SunTrust Robinson Humphrey and Wells Fargo Securities.

Visa operates the world's largest retail electronic payments network and manages the world's most recognized global financial services brand. Visa has more branded credit and debit cards in circulation, more transactions and greater total volume than any of its competitors.

What is your near-term target price? Let's predict the close price of Visa 7 days from its IPO.

Community Prediction in Chance

Community Accuracy:  58%

Top Predictor:   petercy (95% Accuracy)

(show accuracy distribution▼)

Rank Accuracy A >= 90% B >= 80% C >= 70% D >= 60% E >= 40% F < 40%

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	ZiiValue (chance)	Answer	MyValue (0% to 100% chance)	Possible Outcomes
	21%			> $70
	42%			$60 - $70
	27%			$50 - $60
	10%			< $50

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