Essays about: "Hot IPO Markets"

Showing result 1 - 5 of 12 essays containing the words Hot IPO Markets.

1. 1. Showing Off in Initial Public Offerings: The Proportion of Institutional Cornerstone Investors in IPOs and the State of the IPO Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Johan Björkman; Samuel Lindström; [2023]
   Keywords : Institutional Cornerstone Investors; Initial Public Offering IPO ; Hot IPO Markets; Cold IPO Markets; Institutional investors;

   Abstract : The paper analyzes the participation of institutional cornerstone investors in initial public offerings (IPOs) using data from NASDAQ Main Market and First North Growth Market in Stockholm between 2015 and the first half of 2023. We identify positive relationships between both hot and cold IPO market periods and the proportion of institutional cornerstone investors in IPOs. READ MORE

3. 2. Hot Bull or Cold Bear? How Market Cycles Affect IPO Underpricing

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Alicia From; Gustaf Sjögren; [2022]
   Keywords : IPO underpricing; bear markets; IPO waves; variability of IPO underpricing; U.S. stock market;

   Abstract : IPO underpricing and its variability is highly cyclical and follows waves, with "hot" and "cold" IPO markets displaying radically different characteristics. Further, during the 21st century, the effect of bear-, and bull markets on stock prices increased. READ MORE

4. 3. A New Era of the Swedish IPO Market? A Study of the Impact of Firm Age on Underpricing and Long-Run Post-IPO Performance in the Swedish Financial Markets

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Henrik Forss; Ted Wahlström; [2022]
   Keywords : IPO; Underpricing; Long-run performance; Firm age; Hot market;

   Abstract : Through a quantitative study, we set out to further the understanding of the Swedish IPO landscape, aiming to contribute to the partly fragmented literature on the topic. By running a multiple ordinary least squares regression and a Mann-Whitney U-test on 260 Swedish IPOs listed between 2014 and 2021, we analyse the effects on underpricing and post-IPO long-run performance stemming from disparate firm ages. READ MORE

5. 4. Initial Public Offerings in “Hot” and “Cold” Markets - A Study of the Swedish IPO market

   University essay from

   Author : Ikhwan Ali; Patrik Awad; [2020-08-10]
   Keywords : Initial public offering; IPO; hot and cold markets; efficient market; long-run performance; Swedish stock market;

   Abstract : This thesis aims to test if the IPO market differs in hot and cold market conditions in terms of industry clustering, firm characteristics, and long-run performance. The study is conducted on the Swedish IPO market ranging from 1992 to 2020 and 2017 in analyzing the long-run performance. READ MORE

6. 5. The Hot Tech Issue Market: A Study on Underpricing and Long-Run Post-IPO Performance of Swedish IPOs

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Eric Persson; Oskar Johnsson; [2020]
   Keywords : Underpricing; Long-Run Post-IPO Performance; Initial Public Offering; Hot Market; High Tech;

   Abstract : We explore the effect on underpricing and long-run post-IPO performance of a firm being classified as high tech or low tech, based on their SIC code. By studying offer prices and post-IPO share prices of a sample of 145 Swedish IPOs between 2004-2017, we do not find support for a difference in long-run post-IPO performance. READ MORE