Why Do Investors Earn High Initial Returns On The Stock Listing Day?

Abstract: Empirical evidence suggests that there are common occurrences of abnormally high returns on the first day a stock or share has been listed on the stock exchange. This 5 page paper considers how and why this may occur looking at a range of theories. The bibliography cites 9 sources.

Filename: TEAbrIPO.rtf

Pages: 5

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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