3
votes
1answer
73 views

Differences in conditions on shares to private vs. public shareholders?

The Wikipedia page about IPOs says this: A company selling shares is never required to repay the capital to its public investors. Does that mean that stocks bought on the stock market are somehow ...
6
votes
2answers
587 views

Why did the stock chart for Facebook's first trading day show an initial price of $42 when the IPO price was $38?

Facebook was widely reported as having an IPO price of $38. Yet, all the stock charts show Facebook shares priced at $42 until around 11:30 AM, than dropping to $40, and then only at 11:50 AM ...
2
votes
1answer
406 views

Who are the various market participants in an initial public offering (IPO)?

Who are the market participants in an IPO? From my understanding: there are no short sellers, and no standardized options. The insiders may be selling but there are also restricted shares that can't ...