By Staff Reporters
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Initial Public Offering Defined
IPO stands for initial public offering. It is when a company takes a portion of their shares and makes them available for the general public to buy on the open market. It is a way for the company to raise money by selling those shares to the general public. You can usually access shares from an IPO by working directly with an investment bank.
Paused IPOs
Private companies StubHub and Klarna each paused their imminent plans to go public.
Klarna, which was set to IPO on this Monday, was expected to jump-start the frozen IPO market this year with an expected ~$15 billion valuation.
StubHub, meanwhile, reportedly wants to wait for the market to calm down before resuming its plans to go public.
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Filed under: "Ask-an-Advisor", Financial Planning, Funding Basics, Glossary Terms, iMBA, Inc., Investing, Portfolio Management | Tagged: Initial Public Offering, investment bank, IPO, Klarna, private company, raise money, StubHub | Leave a comment »















