Brubakers came to market in Oct 2022 with an initial public offering of equity priced at $42.15 per share. On the first trading day, the price of the shares moved immediately to $48.00, then traded in a range from $47.00/share to $48.00/share until the close of the day. How would you describe the initial pricing of the shares? O The shares were overpriced and Burbakers captured more proceeds then they should have The shares were fairly priced. The shares were underpriced and Brubakers lost out on proceeds that could have been captured at issue.