Question: Sunshine Media has just completed an IPO where 50 million

Sunshine Media has just completed an IPO, where 50 million shares of the 125 million shares outstanding were issued to the public at an offering price of $22 per share. On the offering date, the stock price zoomed to $40 per share. Who gains from this increase in the price? Who loses, and how much?

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  • CreatedApril 15, 2015
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