Financial Poise

Secondaries/Secondary Market

  • October 12, 2021
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Secondaries/Secondary Market can have two applications, depending on the context. The first is a reference to a Secondary Public Offering, which happens when a company holds an IPO and later decides to offer another set of stock for purchase. The second and more widely used reference, points to the selling of shares on the secondary market, which occurs when shareholders, like employees for example, decide to sell some of their stock to others.