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Why Do Investors Earn High Initial Returns On The Stock Listing Day?
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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.
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Pages:
5
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Filename:TS14_TEAbrIPO.rtf |
Paper Title:
Why Do Investors Earn High Initial Returns On The Stock Listing Day?
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