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Posted On: 04/05/2019 1:43:57 PM
Post# of 32993
Re: adirondackhi #13953
Correct. They have the ability to move the sp where they want
"Once the share price is determined, they're ready to trade publicly. The underwriter then uses all legal means to keep the share price above the offering price."
Greenshoe Options: An IPO's Best Friend
https://www.investopedia.com/articles/optioni...on-ipo.asp
"Once the share price is determined, they're ready to trade publicly. The underwriter then uses all legal means to keep the share price above the offering price."
Greenshoe Options: An IPO's Best Friend
https://www.investopedia.com/articles/optioni...on-ipo.asp
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