Here's What $1,000 in Visa Stock at Its IPO Would Be Worth Today
The payments giant has a moat that makes it a compelling buy.
Overview
Most investors don't get the opportunity to invest in an initial public offering (IPO). Until recently, IPOs were strictly for institutional investors, and retail investors only had the chance to invest when stocks went public.
Now, many high-profile IPOs put aside some shares for retail investors. The most notable example was Space Exploration Technologies, or SpaceX, which earmarked about 20% of IPO shares for retail investors. However, even in that case, there was much more demand than supply.
Image source: Visa.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.