| 单词 | stag |
| 释义 | stag stag A person who applies for shares in a new issue in the hope that the price when trading begins will be higher than the issue price. Often measures will be taken by the issuers to prevent excessive stagging; it is usually illegal for would-be investors to attempt to obtain large numbers of shares by making multiple applications. Issuers will often scale down share applications to prevent such quick-profit taking, e.g. by ballot. |
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