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Home / Questions / IPO Underpricing: A)The zipcar IPO was underpriced by about 56 percent. Should zipcar be

IPO Underpricing: A)The zipcar IPO was underpriced by about 56 percent. Should zipcar be

IPO Underpricing:

A)The zipcar IPO was underpriced by about 56 percent. Should zipcar be upset at goldman over the underpricing? Why or why not?

B) How would it affect your answer to know that the company was incorporated about 10 years earlier, had only $186 million in revenues in 2010, and had never earned a profit?additionally, the viability of the company's business model is still unproven.

Dec 04 2019 View more View Less

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