AOL.com Video - Claire Gruppo on Facebook IPO Pricing

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Claire Gruppo on Facebook IPO Pricing

Description:While some investors are less than pleased with the performance of the Facebook IPO, it was "priced perfectly" for the company, says Claire Gruppo, managing director and co-founder of Manhattan investment banking boutique Gruppo Levey. The point of an IPO is to maximize value for the company and its investors and this was a winner, she says. Whether or not the IPO turns out to be successful for investors who bought shares at the opening price is another matter. (3:04)

Source: BeetTV

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