Prior to beginning work on this discussion forum, read Chapter 15 in the Foundations of Financial Management textbook.
Initial Response:
For this discussion forum,
- Compare the advantages and disadvantages of using a Dutch Auction to a traditional underwriting method for an IPO.
- Identify one real-life IPO that occurred in 2020. Try to select a company that a fellow student has not already selected.
- For this one IPO, determine the following:
- The initial price
- The stock price at the end of the first day of trading
- The stock price at the end of 10 days of trading
- The stock price at the end of 30 days of trading
- State the following in your post:
- The total amount of the offering
- The number of shares offered
- The underwriter
- The fees for the IPO
- Evaluate the success of this IPO from the perspective of the issuer; the underwriter, and investors.
Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least one scholarly and/or credible resource in addition to the text.
Guided Response: Respond to at least two of your fellow students’ or instructor posts in a substantive manner and provide information or concepts that they may not have considered. Each response should have a minimum of 100 words and be respectful of others’ opinions and beliefs that differ from your own. Support your position by using information from the week’s readings. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Continue to monitor the discussion forum until Day 7 and respond with robust dialogue to anyone who replies to your initial post.