Underpricing and share performance of IPOs

More about the book

The book explores the dynamics of Initial Public Offerings (IPOs) in Brazil, particularly during 'hot issue' periods when market conditions are favorable. It examines the impact of anti-flipping mechanisms on investors' ability to capitalize on underpricing, emphasizing the necessity of holding shares for a mandated duration. Through comprehensive statistical analyses, it evaluates the performance of these securities across various timeframes, making it an informative resource for beginners eager to understand capital markets and IPO processes.