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A comment on The Crash of ’87, from the Wall Street Players Who Lived It. Parent comment

Re:The Crash of ’87, from the Wall Street Players Who Lived It by wbl on Tuesday October 17, 2017 @11:02AM (#15491491)
IPO pricing is deliberate on the part of investment banks to reward some customers.
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Re:The Crash of ’87, from the Wall Street Players Who Lived It by cm2187 on Tuesday October 17, 2017 @11:43AM (#15491876)
Actually probably more to ensure that the IPO doesn't fail, i.e. that there is sufficient demand.
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