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What Does an IPO Underwriter Do?
What does an IPO underwriter do exactly?
The lead IPO underwriter - or underwriters - is the company that distributes the newly issued shares of a stock. It's the middleman between the company and investors.
But that's the broad definition.
What does an IPO underwriter do exactly?
The lead IPO underwriter - or underwriters - is the company that distributes the newly issued shares of a stock. It's the middleman between the company and investors.
But that's the broad definition.