Examlex
Which of the following is a long-term effect of alcohol?
Underpricing
The practice of setting the initial offering price of a security, typically shares, below its market value, which often leads to a first-day surge in its stock price.
IPO
Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for the first time to the public.
Seasoned Equity Offering
When a company with publicly traded shares issues additional shares. Also known as a “secondary” or “follow-on” offering.
Primary Market
The primary market is the financial market where new securities are issued and sold for the first time, directly from the issuer.
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