On average, IPO shares appreciate by 1015% from the offer price to the first after-market price and

Question:

On average, IPO shares appreciate by 10–15% from the offer price to the first after-market price and then lose about 5% per annum over the following 3 to 5 years. (Other regularities are described in the text.)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: