How Companies Use Bad News to Torpedo IPOs From Competitors
August 28, 2024
August 28, 2024
LAKEWOOD RANCH, Florida, Aug. 28 (TNSres) -- The American Accounting Association issued the following news release:
A new study published by the American Accounting Association finds publicly traded companies will strategically release bad news when a competitor is launching an initial public offering (IPO), in order to drive down the value of the IPO or torpedo the IPO completely.
"Because there is little company-specific information available to investors when a . . .
A new study published by the American Accounting Association finds publicly traded companies will strategically release bad news when a competitor is launching an initial public offering (IPO), in order to drive down the value of the IPO or torpedo the IPO completely.
"Because there is little company-specific information available to investors when a . . .