Question
IPO Underpricing: A)The zipcar IPO was underpriced by about 56 percent. Should zipcar be upset at goldman over the underpricing? Why or why not? B)
IPO Underpricing:
A)The zipcar IPO was underpriced by about 56 percent. Should zipcar be upset at goldman over the underpricing? Why or why not?
B) How would it affect your answer to know that the company was incorporated about 10 years earlier, had only $186 million in revenues in 2010, and had never earned a profit?additionally, the viability of the company's business model is still unproven.
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
