Fads in the Initial Public Offering Market?

Does the Stock Market Overreact?

1985 • 7,120 citations

RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION

1977 • 3,446 citations

Why new issues are underpriced

1986 • 2,752 citations

Initial Public Offerings and Underwriter Reputation

1990 • 2,505 citations

Further Evidence On Investor Overreaction and Stock Market Seasonality

1987 • 2,330 citations

The "Hot Issue" Market of 1980

1984 • 1,658 citations

Signalling by underpricing in the IPO market

1989 • 1,463 citations

Price performance of common stock new issues

1975 • 1,377 citations

Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings

1989 • 1,239 citations

Does the Stock Market Rationally Reflect Fundamental Values?

1986 • 1,071 citations

A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues

1982 • 916 citations

Stock Prices and Social Dynamics

1984 • 851 citations

“HOT ISSUE” MARKETS

1975 • 607 citations

Anatomy of Initial Public Offerings of Common Stock

1988 • 604 citations

Dividend variability and variance bounds tests for the rationality of stock market prices

1983 • 456 citations

BUBBLES AND FADS IN ASSET PRICES

1989 • 299 citations

An Examination of Mispricing, Returns, and Uncertainty for Initial Public Offerings

1987 • 262 citations

Anomalies: A Mean-Reverting Walk Down Wall Street

1989 • 262 citations

Investment Banker Prestige and the Underpricing of Initial Public Offerings

1988 • 256 citations

A simple test of Baron's model of IPO underpricing

1989 • 229 citations

Small Business and the New Issues Market for Equities

1970 • 215 citations

Initial Public Offerings: Daily Returns, Offering Types and the Price Effect

1987 • 157 citations

Investor Experience with New Stock Issues

1969 • 131 citations

A Theory of Noise Trading in Securities Markets

1988 • 127 citations

Unseasoned New Issue Price Performance on Three Tiers: 1975-1980

1983 • 74 citations

Bias in Small Sample Tests of Stock Price Rationality

1986 • 73 citations

New Issues Revisited

1977 • 73 citations

A Study of Underwriters' Experience with Unseasoned New Issues

1974 • 65 citations

Risk A version and Information Structure: An Experimental Study of Price Variability in the Securities Markets

1985 • 37 citations