Initial Public Offering (IPO)
The first time a company sells shares of its stock to the public.
Imagine a bakery that has always been owned by one family. An IPO is like that bakery deciding to sell small pieces of its ownership to many different people for the very first time.
In the news
- Jio Platforms Aims for $3.2 Billion in Major Stock Offering The first time a company sells shares of its stock to the public.