IMPACT OF INVESTORS SENTIMENT ON IPO PERFORMANCE: EVIDENCE FROM NASDAQ AND NYSE

---

Atıf İçin Kopyala

İbrahim F. A., Benli V. F.

GLOBAL JOURNAL OF BUSINESS, ECONOMICS AND MANAGEMENT, cilt.11, sa.1, ss.1-14, 2022 (Hakemli Dergi)

• Yayın Türü: Makale / Tam Makale
• Cilt numarası: 11 Sayı: 1
• Basım Tarihi: 2022
• Doi Numarası: 10.17261/pressacademia.2022.1548
• Dergi Adı: GLOBAL JOURNAL OF BUSINESS, ECONOMICS AND MANAGEMENT
• Derginin Tarandığı İndeksler: Other Indexes
• Sayfa Sayıları: ss.1-14
• İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

- The paper explores the correlation between investors’ sentiment, underpricing and performance over a period of 36 months of newly issued American stocks with a sample of 199 newly listed firms on NASDAQ and NYSE within the period of January 2015 to April 2021. IPOs listed on US stock exchanges have received little attention even though anomalies related to new stock issues are well documented. We aim to fill the existing academic gap.