IPO Underpricing and tech valuation : An empirical study of the Swedish IPO market
The closing price first day of trading has historically been found to exceed the offer price set in IPOs, implying that many issuing firms tend to leave money on the table in their IPO. This thesis examines the level of IPO underpricing in Sweden using unique data of IPO transactions on the largest...
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| Format: | Others |
| Language: | English |
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KTH, Nationalekonomi
2017
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-209453 |