Financeprofessor
A look at IPO underpricing and overpricing
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:16:13
- More information
Informações:
Synopsis
IPOs tend to be underpriced in short-run. That is to say, they go up on the first day of trading. In the longer-term (3-5 years) they tend up underperform their control groups.