Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in recent years, there have been several initial p

In recent years, there have been several initial public offerings in the social media industry, such...

60.1K

Verified Solution

Question

Finance

In recent years, there have been several initial publicofferings in the social media industry, such as Facebook, Instagramand SnapChat. Choose one of these companies and discuss howsuccessful or unsuccessful the initial public offering was and howthe stock is doing today. In addition, discuss if the offering wasa primary or a secondary market transaction? Explain.

Answer & Explanation Solved by verified expert
3.5 Ratings (560 Votes)
Initial public offerings means an act of offering the stock of a company on a public stock exchange for the first time The social networking company Facebook held its IPO on Friday May 18 2012 The IPO was the biggest in technology and one of the biggest in Internet history with a peak market capitalization of over 104 billion and its share is priced at 38 The current value of the share of the Facebook is 7502 A primary offering is the first issuance of stock from a private company for    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In recent years, there have been several initial publicofferings in the social media industry, such as Facebook, Instagramand SnapChat. Choose one of these companies and discuss howsuccessful or unsuccessful the initial public offering was and howthe stock is doing today. In addition, discuss if the offering wasa primary or a secondary market transaction? Explain.

Other questions asked by students

Q

Discuss in details, and in your own words, the steps of protein synthesis. This is a...

Medical Sciences
Q

Purines synthesis begins with a purine skeleton that will be attached to ribose 5-phosphate once it's complete. results...

Biology
Q

For a base motion system described by: mx''+ cx'+ kx = cY?b cos ?bt + kY...

Mechanical Engineering
Q

For the equilibrium condition shown the chords are strong enough to withstand a maximum tension...

Physics
Q

Describe everything you can say about how the following equation has been transformed from its...

Calculus
Q

The function P y 0 034y 3 642y 252 560 represents the population P in...

Algebra
Q

If you can please answer this correct that would be amazing. Been trying to get...

Accounting
Q

Jill, an employee at Old Navy, budgets 1/5 of her yearly salary for clothing. Jills...

Accounting
Q

(4) Inventory policy on desired ending inventory balances: Type ...

Accounting
Q

Why do some unqualified opinions have explanatory paragraphs?

Accounting
Q

The flotation cost for new equity is 10% and the flotation cost for new debt...

Finance
Q

Record The issuance Of 64.000 shares of CommonChegg.com mapter 11- Assignment 1 Sarved Help Save...

Accounting