Going Public

  Locate a recent story from The Wall Street Journal or other reputable news source about a company that has gone public through an Initial Public Offering (IPO) within the last year. How did the company arrive at the valuation for the IPO? Yes, we know there are multiple valuation methods and also supply and demand based on hype, but what was said publicly by the CEO/CFO and/or the bank that took the company public to defend the initial stock price? Was the IPO price justified? How has the price changed since the IPO? Be sure to consider overall market and segment performance to support your position.