3 ms·

Issue price is sort of arbitrary. Right before the Yelp IPO, they did a 4-to-1 reverse split to change the share price from $7/share to $28/share (rough numbers

by derwiki 14y ago

Issue price is sort of arbitrary. Right before the Yelp IPO, they did a 4-to-1 reverse split to change the share price from $7/share to $28/share (rough numbers).