3 ms·
I've only got two IPOs under my belt, but both cases the 1st trade settled above the preferred price in the last round. I think that's fairly typical, fwiw.
by sulam 9y ago
I've only got two IPOs under my belt, but both cases the 1st trade settled above the preferred price in the last round. I think that's fairly typical, fwiw.
- xocyabencl 9y agoHaving the stock after IPO trade at the old preferred price represents a significant increase of the actual value of the company, even though it's not usually reported as such.