You have your main house where you live most of the time. You also have a summer cabin down by the lake, where you spend a lot of time between the beginning of June and the end of August. In addition, you’ve got a timeshare in Colorado, where you spend a couple of weeks every winter. And you spend every Easter at your sister's place in Florida. You spend a lot of time moving around. But your primary residence is still the main house.
A primary listing works like that, only for publicly traded stocks. It represents the main stock exchange where shares of a particular company trade. It may be listed on multiple exchanges (both the London exchange and the NYSE). But one of those represent the primary listing.
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Finance: What is an IPO?25 Views
And finance allah shmoop What is an i p o
Well this is a hippo and it has nothing to
do with an ipo Auras Normal humans pronounce it if
both well actually most people just spell it out I
po It stands for initial public offering In the three
words tell the story and i pl refers to a
company who's raising money by selling shares of itself to
the public for the first time a maiden voyage in
public funding if you will Whatever dot com has forty
million shares outstanding after three private rounds with venture capitalists
and private investors it wants to raise money to go
big internationally And for the first time it will offer
shares to joe and jill public And that means that
all of it shares will be tradable publicly on the
open market like on nasdaq or the new york stock
exchange That is the insiders early investors founders et cetera
will be able to just call their broker at schwab
or fidelity or wherever and sell their shares get liquid
and buy themselves a maserati because it's not what everyone
does after a nice meal So whatever dot com sells
ten million shares a twelve bucks each to raise one
hundred twenty million dollars which they can spend to build
out offices all over the world So yeah that's an
ai po and that's Why a company generally wants to
make shares available to the public because once you've made
an initial public offering and you make money off the
sales of your stock you khun by as many hippos
as you like and just remember to feed them three
times a day they get Cranky if they go too 00:01:35.158 --> [endTime] long in between No
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A primary offering is just an IPO - the initial public offering of a given stock. Primary shares are the shares of that stock that are sold... publ...