4. Initial Public Offering (IPO)

a. Explain the IPO of the company (for example: when was it? its first day price? Underpriced or not? money left on the table? Underwriter? )

b. Explore the lock up period and find the stock price on the day that lock up period expired. Discuss. (Hint: Search for lockup period information in the country. For USA, see f.e. https://www.sec.gov/fast-answers/answerslockuphtm.html. It is generally 180 days. What you could do is to check the price on the day that it expires and check what happened on that day compared to previous day.)

Please ANSWER this question for IBM (International Business Machines)