Do they limit demand or fix (cap) the price it can be sold for artificially? I imagine everyone would flock to buy the stock.
Beyond that, why did the stock IPO at such a low rate? All that's mentioned is the price increase being limited, i.e. limiting volatility. Not a great idea but, I can see how that works. But why did the stock start out so low in the first place?
Beyond that, why did the stock IPO at such a low rate? All that's mentioned is the price increase being limited, i.e. limiting volatility. Not a great idea but, I can see how that works. But why did the stock start out so low in the first place?