Question
This week you will each locate an article about an IPO (initial public offering). Think of a company that you like (one that is publicly
This week you will each locate an article about an IPO (initial public offering). Think of a company that you like (one that is publicly traded). Search online to locate a news article about that companys IPO. Read the article and tell us about it. When did it happen? The other information that you share will depend on what is included in the article. Some things that you could discuss (if provided) are how many shares were issued, the issue price, how much (if any) the price changed after the company went public. Was there a specific investment that the company was raising funds for?
After reading the article, look up your companys current stock price (you can simply Google it for this forum). Tell us what the initial price of the shares were compared to todays price. Are you surprised by the increase (or decline) in the companys stock value? Note: If your article does not provide the IPO price, you can get it from the Google search. The graph that comes up at the top of the Google search results will let you view longer periods of time if you select max it will expand to show the companys price all the way back to the IPO.
Your main post should be at least 100 words in length.
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