Facebook had its ______ when it sold stocks to the public for the first time.

Question

Quizplus · Accepted Answer

An initial public offering (IPO) is when a company offers its stocks to the public for the first time. Therefore, option D is the correct answer. Option A is incorrect because a tombstone is a notice or advertisement placed in a financial publication announcing a completed transaction. Option B is too broad and doesn't specifically refer to selling stocks to the public. Option C is also incorrect as underwriting refers to the process in which an investment bank guarantees the sale of a company's securities.

Facebook Had Its ______ When It Sold Stocks to the Public