By Katie Lawson,2015-03-26 06:25
IPO discount refers to the price of IPO shares was significantly lower
than the price listed on the first day of trading. IPO discount prevailing in
the country's stock market. As for the baidu IPO,the discount is much
higher than people expected. The issue price is 27 dollars, to close at
122.54 dollars,which rises 353.58 percent . There are three main reasons
for this situat..