The Medium-term aftermarket in high-tech IPO's: patterns and implications
Article Abstract:
The initial under pricing and the long-run underperformance are two of the persistent anomalies relating to empirical studies of Investor Psychology (IPO) s. Methodical approaches like OLR and SPH confirm that momentum variables explain most of the aftermarket price behavior while fundamental indicators have weak influence.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Do investors prefer even-eighth prices? Evidence from NYSE limit orders
Article Abstract:
The authors examined limit orders on NYSE stocks to show that in fact investors do prefer even-eighth prices when either bidding for or offering to sell stocks.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Short-term reaction of stock markets in stressful circumstances
Article Abstract:
Less liquid markets lead to lower stock price changes following periods of stress.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: R&D-marketing integration in Japanese high-technology firms: hypotheses and empirical evidence. Correlates of decision making autonomy in marketing units: a study of Canadian advanced technology manufacturing companies
- Abstracts: Is performance driven by industry- or firm-specific factors? A reply to McNamara Aime, and Vaaler. Is performance driven by industry- or firm-specific factors?: a new look at the evidence
- Abstracts: Is performance driven by industry-or firm-specific factors? A response to Hawawini, Subramanian, and Verdin. Same as it ever was: the search for evidence of increasing hypercompetition
- Abstracts: FRS17 and the Sterling Double A Corporate Yield Curve. Discussion of On the existence of visual technical patterns in the UK stock market
- Abstracts: Are credit ratings procyclical? Ratings versus market--based measures of default risk in portfolio governance