23. Initial public offerings (IPOs) were covered in the chapter. Let’s take a closer look at two actual issues. Go to www.hoovers.com/global/ipoc/index.xhtml. For the first two issues under “Latest Pricing,” do the following steps all the way through, one company at a time.

1.. Click on and write down the company name.

2.. Write a short paragraph about what the company does or its products.

3.. Scroll down and record the date the company went public.

4.. Write down the actual offer price.

5.. Click on “More IPO Information” and write down the number of shares offered in millions. Compute the percentage this represents of post-offering shares.

6.. Record the name of the first underwriter listed for the offering.