Finance 2 - HW#2 2 a These indices were going up and down The Dow and S&P 500 were very close to each other b The Nasdaq had the biggest gain over the

Finance 2 - HW#2 2 a These indices were going up and down...

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HW#2 2. a) These indices were going up and down. The Dow and S&P 500 were very close to each other. b) The Nasdaq had the biggest gain over the time. c) The Nasdaq has performed the best and it is the most volatile as well. d) Charts attached 3.b) Money Left On The Table Gauging demand is an important part of the IPO process, and stocks that are priced too low can lead to money left on the table. The term describes the first trade price minus the offer price, multiplied by the amount of shares sold. Selling shareholders who accept a lower offer price leave money on the table. For example, Tableau Software’s stock was priced at $31 a share but entered the market at $47 a share, which led to $131 million the company’s selling shareholders could have pocketed. Company Lead Underwriter Offer Price Pricing Valuation (mil.) First Trade Price First Trade Valuation (mil.) Money on the Table (mil.) Tableau Software, Inc. Goldman, Sachs & Co. $31.00 385.4 $47.00$2,703 $131.20 SeaWorld Entertainment, Inc. Goldman, Sachs & Co. $27.00 794.56 $30.56$2,834 $92.60
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  • Summer '19
  • Money market, Tableau Software

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