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Thursday, May 1, 2025

Correction

In the June 21 edition, the share price for Hughes Electronics Corp. was misstated. The correct prices were $54.25 on June 16 and $39.60 on Dec. 31, 1998.

Also in the June 21 issue, the price at which Digital Lava Inc. sold shares in an initial public offering was misstated. In fact, the company sold “units” to the public at $15.10, consisting of two shares and a warrant. Each stock was worth $7.50. As such, on June 16 Digital Lava’s share price was down 20 percent from its IPO price.

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