A speculator who applies for new share is ________.
A. a stag
B. middle man
C. jobber
D. lame duck
Answer: Option A
Solution(By Examveda Team)
A speculator who applies for new share is a stag. An investor or speculator who subscribes to a new issue, expecting the price of the stock to rise immediately upon the start of trading is known as a stag. The sole aim of a stag is to sell the shares soon after allotment to realise a quick profit.This Question Belongs to Commerce >> Business And Commerce
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