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Greenshoe, or over-allotment clause, is the term commonly used to describe a special arrangement in a U.S. registered share offering, for example an initial public offering (IPO), which enables the investment bank representing the underwriters to support the share price after the offering without putting their own capital at risk. [1]
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks , who also arrange for the shares to be listed on one or more stock exchanges .
NEW YORK (AP) — U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three.The Dow Jones ...
Shake Shack posted preliminary fourth quarter results that beat expectations, but investors don't seem convinced.Shares of the fast-casual chain fell 6% on Monday after the company reported same ...
Here’s my view: I obviously disagree with some of Elez’s posts, but I don’t think stupid social media activity should ruin a kid’s life.
Guardian says she sued over Lifetime doc 'to benefit' Wendy Williams' estate. Finnie, who also pushed doubt around Williams' level of incapacitation, said the conservatorship system was broken and ...
A Baltimore Police Department marine departs the Metropolitan Police Department Harbor Patrol facility on its way to the site of the crash between an American Airlines passenger jet and an Army ...
NEW ORLEANS — The main reason for the New York Giants' stunning Super Bowl XLII upset over the previously undefeated New England Patriots isn't in the Pro Football Hall of Fame yet.. Neither is ...