Behavior of stock prices due to the lock-up period expiration in IPOs and follow-ons

ABSTRACT The objective of this study was to verify the effects of the lock-up expiration on the behavior of prices and volumes in IPOs and follow-ons in the Brazilian market and to identify factors that may explain the existence and magnitude of abnormal returns. Few studies were found to investigat...

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Bibliographic Details
Main Authors: Loveley Talans, Andrea Maria Accioly Fonseca Minardi
Format: Article
Language:English
Published: Universidade de São Paulo
Series:Revista Contabilidade & Finanças
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1519-70772021000200331&tlng=pt