Series 79: Chapter 5

Taken from our Series 79 Top-off Online Guide

Chapter 5

Public Offerings

In a public offering, a company raises money by creating and selling securities to the public. The company that is offering the securities is referred to as the “issuer.” An issuer that does this for the first time “goes public” in an initial public offering. The issuer’s shares are then traded in the secondary market, either over the counter or on a stock exchange such as NASDAQ or the New York Stoc

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