New to stocks/investing and apologies if this is a dumb question.
Correct me if I'm wrong (and likely I am), Market cap = outstanding shares X current stock price.
When a company goes public, how does it decide whether to go the route of selling lower volume of shares:higher stock price or selling higher volume of shares:lower stock price?
I have my sight on Instacart (currently valued at $10-$11B) and plan on buying when they go public hopefully this year. I am willing to buy a few if the price is $30 or less.
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