The initial public offering price was 14.00 per share.
The next month, the shares finally reached their initial public offering price.
The stock closed yesterday at $9.92, down from the $12 initial public offering price.
"The major fault with the Met plan is that it fails to offer policyholders the right to buy stock at the public offering price."
Seven of the 10 stocks listed there are currently trading below their initial public offering price.
A: (b) The public offering price is the price paid by investors.
It offered 3,052,745 shares of common stock at an initial public offering price of $11.50.
The stock soared $21.875 from its initial public offering price of $18 a share, closing at $39.875 in Nasdaq trading.
The stock opened at $100, which was $15 above the $85 initial public offering price.
The shares rose $5.01, to close at $28.17, up from its initial public offering price of $23.16 set Thursday.