I got a question about when a company goes public and releases stock...
The price of the stock that the company puts out, rigth when it goes public (first hand).
who sets the price?
I was having a discussion with a friend where he said that they could release as much stock as they want, to get as much money as they want, but I said that that sounds a little farfetched and that they are only allowed releasing stock to which the the total value would be the same of the total value of the company
which one is it? or is it something different?
thanx!
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