As Twitter launches its IPO, find out more about an initial public stock offering and what it means for a company.
In the fixed price method, the price at which the securities are offered is fixed in advance. In the book building method, the investors have to bid for shares within a price band specified by the issuer and the final price is decided after observing the result of the bidding.
Seoul National University/Handout/Reuters
Lucy Richardson/ Reuters
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National Portrait Gallery, London
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