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Author Question: The offer price of shares in an IPO is generally less than the price those shares sell for at the ... (Read 82 times)

lbcchick

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on: Jul 9, 2019
The offer price of shares in an IPO is generally less than the price those shares sell for at the end of the first trading day. Which of the following parties suffer most from this situation?
◦ the buyers of shares after the initial offering
◦ the lead underwriter of the IPO
◦ the underwriters of the IPO
◦ the pre-IPO shareholders of the issuing firm
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by lbcchick on Jul 9, 2019

aprice35067

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lbcchick

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Reply #2 on: Jul 9, 2019
Excellent


aprice35067

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Reply #3 on: Jul 9, 2019
Great! Please up vote :D


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