There are some regular participants in stock market trading who do not engage in day to day investing, although they may occasionally buy stock. These investors usually have stock shares purchased from a broker or dealer. Investment banks manage the initial public offering (IPO) An IPO is the first public offering of shares of stock issued by a private company to the general public. Before an IPO, a company is usually considered a private firm, typically with only a small group of investors.
Stockbrokers, investment bankers, and other professionals to facilitate the IPOs. In addition, financial institutions also facilitate the initial public offerings through the purchase of securities. After the IPO occurs, on average about three to five million shares … Read the rest