An Empirical Analysis of IPO Under-Pricing: New Evidence from 2007 NASDAQ Stock Market
Initial Public Offering (IPO) has been adopted by most firms when they are process of going public into the stock market. In most cases, the offering price of IPO is systematically lower than its closing price on the first trading day. Because of this, investors can enjoy great benefits by purchasin...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2008
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| Online Access: | https://eprints.nottingham.ac.uk/21786/ |