江苏龙网

  1. 首页 > 生活 > >

发行价与开盘价有何区别

转载： The Offering Price vs. the Opening Price of an IPO
IPO ProcessWhen a company wants to raise capital, it might offer its shares to investors in an initial public offering. The company hires an underwriter – an investment bank – that structures the IPO and solicits interest from potential investors. IPO investors purchase the shares from the company at the offering price.
Trading in the Open MarketOnce an IPO is released to investors, that stock starts trading in the open market, where IPO investors can now sell their shares. The price at which the stock opens for trading is called the opening price. Depending on the amount of interest from investors, the opening price can be higher or lower than the offering price. If the opening price is higher, the IPO investors have an immediate gain; if it is lower, they have an immediate loss.
Who Sets the Offering and Opening PricesThe underwriter sets the offering price based on the amount of capital the company wants to raise and the level of demand from investors. The opening price is set by supply and demand. Few investors can buy an IPO at the offering price, because most shares go to the underwriter’s best institutional clients, and some are reserved for the company’s “friends and family.” So most investors\u0026#39; only option is to buy in the open market when the shares start trading. The day an IPO is released, buy and sell orders pile up until they are balanced against each other, determining the opening price. If the demand for shares exceeds the supply, the shares open higher than the offering price; otherwise they open lower.
Short-Term Price Direction 【发行价与开盘价有何区别】 The difference between the offering and opening prices can provide clues as to the stock’s near-term price direction. If the opening price is lower than the offering price, the demand for the shares is weak and the price is likely to continue to drop. If the opening price is higher than the offering price, the demand for the shares is strong and the price is likely to continue to go up. However, with a particularly “hot” IPO, although the opening price might exceed the offering price several times, such strong demand is often unsustainable. An eye-popping opening can quickly turn into an immediate top, followed by a long and painful slide.
Sponsored links


    推荐阅读


    上一篇：普通985，211大三狗，理想考研大数据心理学交叉，不知应考计算机的研还是心理学的研

    下一篇：有了解网上兼职的门路吗要真实的那种。刷单啥的骗子常用的套路还是别介绍了。