MM #124: Inside Wall Street with Peter Tuchman & Wallstreet Trapper
Market Mondays
00:00
The Core Bridge Building of an IPO
An IPO is a company going public where basically building the CRBG building. The only people who get the offered stock on the deal are kind of that super, not even the 1%, the 1% of the 1%. So those people who offered 80 million shares, they got their allocation this morning. They come here. We priced the stock. But if a retail trader likes a company, likes the story and wants to get involved on the IPO, you can do that. You can call your broker or put it in order on the IPO when it goes public here in New York. Any retail trader can get involved.
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