Tout(redirected from touted)
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Related to touted: much touted
To promote a security in order to attract buyers.
To strongly encourage investors to buy a particular security. Touting usually comes from someone with a strong interest in seeing the security's price rise, such as a large shareholder, a public relations firm, or even the issuing company itself. To tout is illegal in some circumstances, notably around the date of registration with the SEC.
To foster interest in a particular company or security. For example, a broker might tout a security to a client in the hope that the client will purchase the security.