Which of the following is NOT true about IPOs?
A)They are good deals for investors who buy them at a public offering and then sell them quickly afterward.
B)They have average first-day returns of 40% in the U.S.
C)They are initially underpriced in every country where stocks are publicly traded.
D)After the first day of trading, they usually underperform the market for several years.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is NOT true about IPOs?
A)They are good deals for investors who buy them at a public offering and then sell them quickly afterward.
B)They have average first-day returns of 40% in the U.S.
C)They are initially underpriced in every country where stocks are publicly traded.
D)After the first day of trading, they usually underperform the market for several years.

Which of the Following Is NOT True About IPOs