What is an IPO?

POSTED: 9:49 AM Feb 02 2012   UPDATED: 11:09 AM Jul 23 2015

As Ferrari prepares for an IPO, find out more about an initial public stock offering and what it means for a company.

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What exactly is an IPO and what does it means for the company? The Economic Times helps explain this complex process as Ferrari prepares for its initial public stock offering.