When a security bought through an IPO is resold,where does the gain or loss go?
A) The investor who bought the security
B) The bank that financed the IPO
C) Stakeholders with vested interests in the company
D) The investor who sold the security
E) The company

Question

Quizplus · Accepted Answer

When a security bought through an IPO is resold, any gain or loss goes to the investor who sold the security. This gain or loss is determined by the difference between the price at which the security was initially purchased and the price at which it was resold.

When a Security Bought Through an IPO Is Resold,where Does