Initial Public Offering

The Value Of An IPOA company’s stock price is based on what the market will bear. But on its first day of trading, how do you know?
Eventual Impact of Facebook's IPO Likely To Be Large, Say Stocks Experts"Facebook," the social networking web site, may be filing its long-awaited initial public offering ("IPO") later this week. But it will probably be months before the company will be offering any stock.