when investment banks underwrite ipos they are
When investment banks underwrite IPOs, they are typically sell stock for 5-10 percent more than they pay for it. When they underwrite stock for companies that are already public, the typical markup is 3 percent. What explains this difference?
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when investment banks underwrite ipos they are typically sell stock for 5-10 percent more than they pay for it when they underwrite stock for
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At least at work some of them know what's going on, but what if this happened during a sales meeting? And I've stopped going out
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