What Is an IPO?
|
|
Facebook logo. CREDIT: facebook.com |
An initial public offering, also known as an IPO or stock market launch, is the first time a company sells stock to the public. Small and large companies can have an IPO to become a publicly traded enterprise, usually with the aim of raising capital to be used for development, growth and expansion.
The opening price of the stock depends on the company's perceived market value, which is often determined by an investment banking firm.
Life's Little Mysteries: Gift Edition Hardcover Book
Uncover the truth behind more than 100 mysteries that surround us every day with our new hardcover book! Perfect for gifts and classrooms, and suitable for all ages. Some of the included mysteries are:
- Why Do Cats Land on Their Feet?
- How Long Does it Take to Make Petrified Wood?
- What Everyday Things Around Us Are Radioactive?
Find out all of this and much, much more in our NEW hardcover book.
It makes a great gift idea for all ages. more info>>
