As 4th year business majors I’d like you to research the Shake Shack IPO. (It happened in 2015) I have a question and a thought. Where did the IPO money go? (did it go to financing expansion or into the pockets of the people who started Shake Shack…………(Did the original owners get rich on this IPO)? On the first day of trading the stock more then doubled. Well If I’m one of the people that brought the company public should I be furious with the investment bank that priced the offering low…….(we brought in half the money we could have on the offering)……….the stock more then doubled the first day, Did the investment bank interpret the demand totally wrong?
Elon Musk? Up in smoke? Is his behavior that of a business leader? What were the Rockefeller drug laws in the 1970’s?