What was said publicly by the CEO/CFO and/or the bank that took the company public to support the initial stock price?

EDGAR Company Filings

Notes:

https://www.investopedia.com/terms/m/marketindex.asp

https://www.investopedia.com/ask/answers/advantages-disadvantages-company-going-public/

https://www.investopedia.com/articles/financial-theory/11/how-an-ipo-is-valued.asp

https://www.irmagazine.com/case-studies/spotlight-alternatives-public-market

https://www.personalcapital.com/blog/investing-markets/public-company-goes-private/

https://www.morningstar.com

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.