Case 2: Initial Public Offerings Lightning Corp. has recently completed its Initial Public Offering. The stock was offer

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Case 2: Initial Public Offerings Lightning Corp. has recently completed its Initial Public Offering. The stock was offer

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Case 2: Initial Public Offerings
Lightning Corp. has recently completed its Initial PublicOffering. The stock was offered at a price of $14 per share. On thefirst day of trading, the stock closed at $19 per share.
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