An IPO represents the first time a stock is made available to the public.

Name: An IPO represents the first time a stock is made available to the public.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

An IPO (Initial Public Offering) is indeed the first time a stock is made available to the public. Prior to an IPO, the stock is privately held by the company and possibly a small group of investors. During an IPO, the company sells shares of stock to the public in order to raise capital and become publicly traded.

An IPO Represents the First Time a Stock Is Made