Question: What is an initial public offering and why is it useful for a business? Why did Snap's shareholder value tumble after its initial public offering?

What is an initial public offering and why is it useful for a business? Why did Snap's shareholder value tumble after its initial public offering? (Twitter and Facebook suffered similar falls.) Explain why Snap will or will not have long-term success.

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Initial public offering IPO is a term that refers to the floating of a company shares to the public for the first time through securities exchange mar... View full answer

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