Blowout
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Blowout
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Blowout
A new issue of a security that is placed with investors almost immediately and with no difficulty because of high demand on the part of investors. A blowout may be a sign of a well-regarded company; it could also occur during a speculative bubble. See also: Hot Issue.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
blowout
The nearly immediate sale of a new security issue because of great investor demand. See also hot issue.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.