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The Legal Issue Arising In Lockup Period In IPO & How Do You Trade It?
Concept An overwhelmingly large proportion of initial public offerings (IPOs) report lock-up provisions that prohibit existing stockholders from selling their shares within a specified period after the offering date. These lock-up periods may last as long as 180 days. Because influential buyers request the lock-up, we conjecture that the length conveys credible information pertinent to […]