Initial public offering (IPO) or stock market launch is a type of public offering which sells shares of a company. Usually, Institutional investors and retail investors buy these offerings.
One or more investment banks underwrites an IPO. These banks also arrange for the shares to list on one or more stock exchanges.
I am a data analyst by profession who loves to crunch numbers at daytime and come home wondering how my passive income numbers for the day look like. I believe in being rich rather than looking rich. Follow me for Cryptocurrency, FIRE, Personal Finance, Credit Cards and Digital Nomad updates