Should you invest in the initial public offering (IPO) of a company?
An initial public offering or IPO is the primary offering of a company’s shares of stocks to the public. It is called “primary” or “initial” offering because prior to an IPO, a company is privately-owned and its shares privately-held by a select group of people.
After deferring its initial public offering (IPO) early this year, hotel and casino operator Travellers International Hotel Group is finally pushing through with the IPO this month.
The operator of gaming center Resorts World Manila (RWM) originally planned to conduct the IPO in July 2013 but decided to temporarily shelve it following concerns on the Federal Reserve’s tapering of the quantitative easing program.
