Business Finance Homework Help

Going Public

Locate a recent story from The Wall Street Journal or other reputable news source about a company that has gone public through an Initial Public Offering (IPO) within the last year and review their S-1 filing. To locate this, search on EDGAR Company Filings or the investor relations section of their website. To avoid repetition, please find an IPO that other students have not discussed.

• How did the company arrive at the valuation for the IPO? Consider the various valuation methods covered in Week 4, supply and demand based on hype, and peer comparables.
• What was said publicly by the CEO/CFO and/or the bank that took the company public to support the initial stock price?
• Was the IPO price justified? How has the price changed since the IPO? Be sure to consider overall market and segment performance to support your position.