After the IPO of Chinese entertainment company iQIYI (NASDAQ: IQ) on The Nasdaq Stock Market, Global Markets Reporter, Jill Malandrino was joined by Nasdaq's Chris Dearborn, Managing Director of the firm's Market Intelligence Desk. The two discussed the Initial Public Offering (IPO) process and what it means to list on Nasdaq.
Using the iQIYI listing as an example, Chris walked Jill through the steps prior to the opening day trade of a new public company prior to the IPO launch.
Chris answered a few fundamental questions and provided a great overview. Some of the questions included:
- How does an IPO work?
- How do you open a stock to trade on the Nasdaq Market?