Question 5 0/1 pts Olympic Daniels, a major investment bank, is considering underwriting a large number of new stock securities being offered in an IPO by Textmoor, a young electronics communications firm. Textmoor is raising money to finance production of a new high- tech tablet, which it expects to market to young people in social networking circles. It anticipates the product will become a best-seller. Brett, an investment banker for Olympic Daniels, strongly recommends purchasing and reselling a large portion of the company's stock; Latisha, one of his coworkers, is concerned that distributing the securities could be a risky venture. Which of the following, if true, most directly supports Latisha's position, that handling the Textmoor IPO could be risky for the bank? Several other tablets are already being sold by major companies in the competitive tablet market. Olympic Daniels failed to sell all the shares of the last IPO it handled, taking a loss on the activity. In a volatile market, many small investors are reluctant to purchase new issues of stocks. Textmoor only recently got approval from the Securities and Exchange Commission to issue stock The demand for tablets among young people is continuing to grow