Investors who purchased shares from the Facebook IPO did so in which market?

Question

Quizplus · Accepted Answer

The primary market is where securities are sold for the first time through initial public offerings (IPOs). Investors who purchased shares from the Facebook IPO did so in the primary market. The secondary market is where previously issued securities are bought and sold, such as on stock exchanges like the NYSE. The over-the-counter market is a decentralized market where securities are traded directly between parties instead of through an exchange.

Investors Who Purchased Shares from the Facebook IPO Did So