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IPO Question.

Posted by: MitchC on Dec 22, 15:26

I'm a bit confused about today's IPO, The Mask.

It said the stock IPO'ed today at $40.

Yet, it said the "High Trsding Price was $50"

The stock price just IPO ed today at $40, and has not seemed to move in price yet, yet the "High Price says $50"

An explanation/Insight would be appreciated.

Thanks,

IPO Question. MitchC Dec 22, 15:26

"They" may have initially set the IPO price @ $50. (Lose all the extra line breaks in your text.) {nm} GruntNoNeck Dec 22, 20:00

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