Initial Return
The first-day trading return of a stock relative to its offering price, adjusted for the market index return.
Source: Long-Term Performance and Determinants of IPOs on the Indonesia Stock Exchange in the Post-Pandemic Low Interest Rate Era (Academic research) · p.5
Reports that mention Initial Return
- Pricing Mechanism Evolution and Capital-Raising Efficiency in Emerging SME Equity Markets: Evidence from India's Book-Building TransitionAcademic research
- The Effect of Firm Size on Initial Return with Lead Underwriter Reputation as a Moderating Variable in IPO Companies 2023-2025Academic research
- The Influence of Corporate Governance Mechanisms and ESG Reporting on Underpricing Moderated by Underwriter ReputationAcademic research
- Study on IPO Underpricing and Long-Run Aftermarket Performance in Hong KongAcademic research
- Board Gender Diversity and IPO Underpricing: The Moderating Role of Managerial Ownership in the Banking SectorAcademic research
Have a question about Initial Return? Ask the AI, answers cite the source.