20. Discuss why ipo's appear to generate abnormal returns for investors. Are these returns a sure thing?

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20. Discuss why ipo's appear to generate abnormal returns for investors. Are these returns a "sure thing"? What are the economic implications of these high returns for ipo issuers?

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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Question Posted: Jul 25, 2024 06:05 AM

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20. Discuss why ipo's appear to generate abnormal returns for investors. Are these returns a sure thing?

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Investments

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