September 29, 2015

Why Retail Investors Are Moths To The IPO Flame

... Truth be told, the whole idea of an IPO itself has changed from one where companies came to the stock market to raise growth capital to one where promoters either want to cash in on their own holdings, or provide an exit to outside investors. Therefore, the primary market is no longer a place where investors undertake equity risk for the upside in a growth story.

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