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3 votes
When companies go public they get a direct say in choosing the price of their stocks.

True
False

User Todd Curry
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1 Answer

6 votes

Answer:

This statement is false.

Step-by-step explanation:

Company stocks are determined by supply & demand.

Unrelated Fun Fact:

Lake Hillier in Australia is nearly as salty as the Dead Sea. Scientists suspect that some salt-loving bacteria (chiefly Salinibacter ruber) and algae give the lake its pink hue.

User Dugas
by
3.5k points