Investing in New Intrastate Issues of Common Stock
Thomas E. Stitzel
Journal of Financial and Quantitative Analysis, 1970, vol. 4, issue 5, 697-706
Abstract:
Increasing emphasis on performance by the investment community has stimulated many innovations for accomplishing capital gains. Attention has been refocused on an established medium for this growth — investing in the new issue. Historically in and out of favor with security buyers, this particular type of investment has recently been enjoying unprecedented popularity.
Date: 1970
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