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Lighting2551 Lighting2551
wrote...
Posts: 342
3 months ago
How does IPO pricing puzzle financial economists?
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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BtllllllBtllllll
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Posts: 340
3 months ago
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On average, IPOs appear to be underpriced because the price at the end of the first trading day is often substantially higher than the IPO price.
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I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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