Question

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

True
False

Answer 1

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.