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A comment on LNKD IPO opens huge at $83. Parent comment
"By underpricing the stock, Morgan and BOFA gave their best institutional clients a gift of at least $175 million"
http://www.businessinsider.com/linked-in-ipo-2011-5-b
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"By underpricing the stock, Morgan and BOFA gave their best institutional clients a gift of at least $175 million"
http://www.businessinsider.com/linked-in-ipo-2011-5-b