CNET también está disponible en español.

Ir a español

Don't show this again

Christmas Gift Guide
Mobile

Toy Story Creator Pixar Goes Public

Pixar, the company responsible for animating the hit Disney movie Toy Story, launched an initial public offering today of 6 million shares.

Originally the company planned to offer the stock at $13 per share, but the success of Toy Story, which last weekend grossed $39.1 million, prompted the company to adjust its asking price twice yesterday, first to $19 and then to $22.

Pixar opened today at 46, leaped up to 49 1/2, and by early afternoon dipped down to 38 3/4. Analysts have predicted the stock could settle at double by day's end.