| 释义 |
overnight deal Overnight DealAn offering of previously issued stock that is not usually traded. For example, a publicly-traded company may make an overnight deal to sell some of its stock that it previously issued but still owns (because many publicly-traded companies own a portion of their own stock). Overnight deals are often less expensive than new issues because there are no underwriting costs. There is also less downward pressure on the share price because the number of shares outstanding does not increase.overnight deal A secondary offering, follow-on offering, or sale of shares from a shelf offering in a large block trade. Compared to a public offering, an overnight deal can save on underwriting expenses and avoid downward pressure on a stock's price prior to the issue. |