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Underpricing, underperformance and overreaction in initial public offerings: Evidence from investor attention using online searches

Online activity of Internet users has proven very useful in modeling various phenomena across a wide range of scientific disciplines. In our study, we focus on two stylized facts or puzzles surrounding the initial public offerings (IPOs) – the underpricing and the long-term underperformance. Using t...

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Detalles Bibliográficos
Autores principales: Vakrman, Tomas, Kristoufek, Ladislav
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2015
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4339323/
https://www.ncbi.nlm.nih.gov/pubmed/25729636
http://dx.doi.org/10.1186/s40064-015-0839-4