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When a private company stock is offered to the public for the first time, the offer is said to be an Initial Public offering (IPO).
Initial Public Offers are usually issued by those companies seeking to raise capital or wanting to get access to funds in order to expand their operations.
When a company’s stock is listed in the stock exchange and available for the public to buy and sell stocks, at that point in time that company’s stock is considered to be available in the secondary market.
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