Question
1. BJs Wholesale Club Holdings went through IPO on 6/28/2018. Approximately 37.5 million shares were offered at a price of $17/share. A total of $36,656,250
1. BJs Wholesale Club Holdings went through IPO on 6/28/2018. Approximately 37.5 million shares were offered at a price of $17/share. A total of $36,656,250 was paid as underwriting fees. The price rose to roughly $21 on the first day of trading. What was BJs loss (at best) in this IPO? (0.5)
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
