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Uber Blame Game Focuses on Morgan Stanley After Shares Drop

• duxup 7y ago
  >“In retrospect, the underwriters should have done a better job at figuring how strong the true demand was,” said Jay Ritter, a professor at the University of Florida’s Warrington College of Business who specializes in IPOs. “But underwriters in general have a hard time finding out how much buy-and-hold demand there is, versus flippers.” How do they do that effectively?