Category: News

Do most stocks go down after IPO?

Do IPOs always go down? Not exactly. IPOs are typically priced so that they go up about 15%-30% on the first day. In my view, this is usually too much bec...

Who is the creator of finance?

Dr. Eugene Fama, sometimes referred to as the “father of modern finance”and who was awarded the Nobel Prize for Economics. Dr Fama is a professor at the U...

Is an option a right?

Options contracts are traded on exchanges and give holders the right, but not the obligation, to buy or sell a security. Options contracts are typically a...

Is Xoom publicly traded?

NEW YORK Shares of Xoom (XOOM) soared more than 40 percent in their first day as a publicly traded company. The online money-transfer company gained $6.41...

When did Nike first go public?

It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight. Th...