Is Underpricing Greater for Mixed Offerings as Compared to Pure Primary Offerings in the Otc Market

@inproceedings{Prasad1997IsUG,
  title={Is Underpricing Greater for Mixed Offerings as Compared to Pure Primary Offerings in the Otc Market},
  author={D. Theertha Prasad},
  year={1997}
}
The existence of "underpricing" has been established by a number of empirical studies in the case of common stock initial public offerings (CSIPOs). The after-market prices of such common stocks have consistently been found to be higher than their corresponding offering prices. However, these papers appear to have concentrated on examining the underpricing… CONTINUE READING