Business
Business, 05.08.2020 19:01, davidt64

The case points out that the IPO market is sometimes characterized as a "hot issue" market, and that many IPOs are viewed in retrospect as having been "underpriced." What might explain these phenomena? Should the Netscape board be concerned about underpricing? Why or why not?

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The case points out that the IPO market is sometimes characterized as a "hot issue" market, and that...

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