Zoogle set $25-$30 as the initial filing range for their IPO. They then performed a road show
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Question:
Zoogle set $25-$30 as the initial filing range for their IPO. They then performed a road show and set the offer price at $35. The Zoogle share was trading at $41.30 at the end of the first day. What was the level of underpricing for the first day?
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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