Suresha B.; Nayak, Surekha; Krishna T. A.; Thomas, Rejoice - In: Cogent economics & finance 11 (2023) 2, pp. 1-18
Pricing of an Initial public offering (IPO) is a complex phenomenon. Price anomalies are commonly observed in IPO markets, especially in emerging markets. Investors perceived underpricing creates undue market momentum during the offer period with an asymmetric effect across different issue...