initial public offering

noun

: the first sale of a company's stock to the public

Examples of initial public offering in a Sentence

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The Harvard graduate was an early team member of Garena (Shopee), an e-commerce platform based in Singapore, which later became Sea Ltd. and had an initial public offering for $1 billion. —

Lisa Lockwood, WWD, 4 Nov. 2024 Reuters — Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country’s largest ever initial public offering. —

Reuters, CNN, 22 Oct. 2024 Tesla went public on June 29, 2010, with an initial public offering (IPO) price of $17 per share, raising over $226 million. —

Adam Sarhan, Forbes, 23 Oct. 2024 The company exceeded expectations during its initial public offering of stock in 2021, ending its first day of trading valued at nearly $88 billion. —

Caroline Petrow-Cohen, Los Angeles Times, 4 Oct. 2024 See all Example Sentences for initial public offering

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“Initial public offering.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/initial%20public%20offering. Accessed 17 Nov. 2024.

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