Lightning Corp. has recently completed its Initial Public Offering. The stock was offered at a price of $14 per share. O
Posted: Sun Jul 03, 2022 12:56 pm
Lightning Corp. has recently completed its Initial PublicOffering. The stock was offered at a price of $14 per share.On the first day of trading, the stock closed at $19 per share.
What was the initial return on Lightning Corp. stocks?
Who benefited from this underpricing?
Who lost from the underpricing, and why?
What was the initial return on Lightning Corp. stocks?
Who benefited from this underpricing?
Who lost from the underpricing, and why?