Briance Mascarenhas

Are there Simple Indicators as to Which IPOs Outperform the Market over the Long Term?

David E. Vance & Briance Mascarenhas · Journal of Economics, Management and Trade · 2013

Aims: Most companies making an Initial Public Offering (IPO) underperform the market over the long term. Is this because investors are so enamored with IPOs that hope triumphs analysis? If investors are willing to invest in companies likely to underperform the market, someone wil...