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A speculator who applies for new share is

This question belongs to Commerce Business And Commerce
Business and Commerce
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A speculator who applies for new share is ________.

Answer & Solution
Correct Answer: Option A
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.
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