How to profit from pharmaceutical IPO first day returns.

• Main Authors: Chew, Benjamin Wei Chiang., Chua, Hui Ting., Soon, John Hao Han.
• Other Authors: Leon Chuen Hwa
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/51484
• Institution: Nanyang Technological University

This paper aims to create a model, with which retail investors can use historical financial information to find out if the IPO price is over or undervalued. The application of the model would benefit retail investors from IPOs that generate positive first day returns, and avoid investing in firms wi...