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Hot IPO |
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Hot IPO An initial public offering that is widely followed and demanded by the market. Hot IPOs are often oversubscribed, which results in the stock price surging as soon as it is offered on the market. Notes: The late 1990s saw one of the hottest IPO markets ever. There was so much demand for internet stocks at this time that nearly all of them were oversubscribed, leading to substantial gains during the first days of trading. For example, Priceline.com saw its stock rocket 325% to $68/share from an IPO price of $16 in a single day. |
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``All of this doesn't sound like a red hot IPO (initial public offering) to me,'' Gorder said. has had several hot IPOs and with the Nasdaq coming back, it may be a strong IPO market for L. Those probes focused on whether the CFSB had received kickbacks in the form of excessive commissions from hedge funds in exchange for hot IPOs. |
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