Question: What does this statement mean? Like can you explain it please? If you can get an allocation of shares of common stock in an IPO,

What does this statement mean? Like can you explain it please?

"If you can get an allocation of shares of common stock in an IPO, it's like getting free money."

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The statement If you can get an allocation of shares of common stock in an IPO its like getting free money means that participating in an initial publ... View full answer

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