Quote:
Originally posted by sltr
do u even know what your talking about?
the stock has not spiraled downward in the aftermath of traditional IPO flipping, despite Yahoo! unloading millions of shares.
the auction process worked as planned, to the benefit of retail investors
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do you know what you're talking about is the question? they sold less shares at a much lower price because investment bankers weren't selling the stock like they should have been.
now other companies won't bother with the dutch auction.