issue flop

issue flop
issue flop ˈissue ˌflop noun [countable]
FINANCE a situation when shares are issued and there are not enough buyers:

• There have been two major rights issue flops lately.

— see also undersubscribed

* * *

issue flop UK US noun [C]
FINANCE, STOCK MARKET a failure to find buyers for all the new shares of a company: »

Investigators found the investment bank, a leading underwriter to a £4 billion share issue flop, had not acted illegally.


Financial and business terms. 2012.

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