• _number8_@lemmy.world
    link
    fedilink
    English
    arrow-up
    24
    arrow-down
    1
    ·
    11 months ago

    when is the IPO (what is an ipo) happening? i want to see their stock graph fall and jerk off to it

    • bobs_monkey@lemm.ee
      link
      fedilink
      English
      arrow-up
      17
      arrow-down
      1
      ·
      11 months ago

      IPO = Initial Public Offering

      It’s basically when a private corporation goes public and offers shares of their company to the public for the first time, as well as listing on a major stock exchange. It’s worth noting that private corporations can issue stock to individual shareholders, those shares just aren’t traded on the open market.