The Share Price Behavior of the IPO Surrounding the Expiration of the Lockup Period. Evidence from IPOs with No Analyst Positive Recommendations

• Main Authors: Azlan, Md Thani, Muhammad Mukhlis, Abdul Fatah, Shazali, Shaharudin, Mohd Ariff, Mustafa, Mohd Waliuddin, Mohd Razali
• Format: Article
• Language: English
• Published: IMBR publishes 2024
• Subjects: H Social Sciences (General); HB Economic Theory
• Online Access: http://ir.unimas.my/id/eprint/45986/1/3866-Article%20Text-10740-1-10-20240906%20%281%29.pdf; http://ir.unimas.my/id/eprint/45986/; https://ojs.amhinternational.com/index.php/imbr/article/view/3866; https://doi.org/10.22610/imbr.v16i3(I).3866
• Institution: Universiti Malaysia Sarawak

This study investigates the share price performance of the IPOs surrounding the expiration of the lockup period in the Malaysian stock market. The study explores whether the IPOs without analysts’ positive recommendations give a significant positive share price performance in situations of the negat...