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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 857 |
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Two, it could hurt the company in the long run by overpricing the stock and making the company appear to be worth more than it actually is, which could result in bankrupt companies and major losses for investors. Unfortunately, businesses are all about turning a profit and in the end it can be detrimental to the economy of the nation...
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which according to Adrienne Carter of Business Week “has long trumpeted itself as a watchdog for the individual investor.†IPO auctioning goes against many of the things businesses strive for, which is profits. IPO auctioning allows the little investor to get involved, which in the end could potentially help the nation stay economically strong...
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