My company went public recently and started trading in the secondary market on Friday, October 13. I purchased shares at $18.
The IPO was for $15, but was traded up to $17 in the primary market. The stock opened at $17 in the market on Friday morning and closed at $18.18.
SAIC provides scientific, engineering and technical services to the U.S. military and government agencies.
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Didn’t the company give you some shares at or below the ipo price?
No sir. I worked as a consultant for them. But even if I were an employee, I would not receive shares.